QuEST Global, a leading provider of outsourced engineering services and
manufacturing, announced today that it has received the Government of
India notification for its SEZ (Special Economic Zone) in Belgaum,
Karnataka. QuEST Global has also received approval for the units that
are coming up in phase 1 of the SEZ.
QuEST Global’s SEZ will be a sector specific
precision engineering SEZ, covering over 300 acres of land in the
initial phase. This notification allows QuEST Global to lease out the
land and also provide build-to-suit requirements in the SEZ to other
prospects who would like to set up their business units in QuEST Global’s
precision engineering SEZ. The SEZ will provide world class
infrastructure in the industrial estate, concentrating mainly on
aerospace and automotive related industries. Phase 1 of the SEZ will be
operational by December 2008, and Phase 2 is expected to be operational
by June 2009.
QuEST Global SEZ has already signed up with 3 clients, namely QuEST
Global Engineering, QuEST Global Manufacturing and Aerospace Processing
India (API), a joint venture between QuEST and Magellan Aerospace for
establishing special aerospace processing capabilities in India.
At the SEZ in Belgaum, API’s facility of
17,500 sq. ft. will support activities such as chromic acid anodizing
line, titanium etching, shot peen, paint and primer booth, MPI and FPI
in the initial phase. QuEST Global Manufacturing will expand its
existing precision machining operations that are currently set up in
Bangalore and QuEST Global Engineering will set up an engineering
services facility, to provide low cost engineering services.
By starting operations in Belgaum which is a Tier 3 town in India, QuEST
Global Engineering is pioneering the way to ensure low cost delivery of
engineering in the future also. QuEST Global has obtained specific unit
approvals for all the 3 units along with a sanction for the industrial
layout.
“Belgaum, as a hub for setting up a supply
chain for the Aerospace industry, is the perfect destination as it is
ideally located in the industrial heartland of Karnataka, Maharashtra
and Goa, thereby providing access to a large number of manufacturing and
machining talent. It is also excellently located in terms of logistics,
being just off the Golden Quadrilateral NH4 highway
(Bangalore-Pune-Mumbai highway), with proximity to 3 sea ports (Goa,
Karwar and Mumbai) and 3 airports (Belgaum, Hubli and Kolhapur). In
addition, the presence of a number of educational institutes in the
region, will ensure a good supply of engineers at all levels. Along with
engineering services and manufacturing, QuEST now has a precision
engineering SEZ, of which are very few in the country. This move
demonstrates QuEST Global’s thought
leadership, which sets it apart from its competitors,”
said Aravind Melligeri, Chairman & Co-founder, QuEST.
About QuEST
QuEST is a leading provider of outsourced engineering services and
manufacturing. The company helps customers in the aerospace, power
generation, oil & gas, civil structures, industrial products, and
transportation verticals to cut product development costs, shorten lead
times, extend capacity and maximize engineering resources availability
by providing support across the complete product life cycle from design
and modeling through analysis, prototyping, automation, data
documentation, instrumentation and controls, embedded systems
development, manufacturing support, vendor management, and in-house
precision machining. Through our Global Product Development framework
and our on-site/off-shore/on-shore models, we leverage our local
presence and global reach to support globalization initiatives for our
customers. QuEST employs over 1500 people and has delivery centers in
India, USA, Italy, Japan and footprints in UK, Germany, France, Spain
and China. For more information, visit www.quest-global.com.