Exclusive SEZ for aerospace in Belgaum | business | Hindustan Times
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Exclusive SEZ for aerospace in Belgaum

business Updated: Nov 18, 2009 23:17 IST
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Quest Global has launched the first aerospace special economic zone in the country that houses an engineering facility, a precision machining facility and a sheet metal facility.

Quest Global has made an initial investment of Rs 150 crore for the Belgaum SEZ. “We look forward to creating more than 7,000 jobs locally and infusing $ 500 million in the economy in the next 10 years,” Arvind Melligeri, co-founder and chairman of the SEZ, said.

“We are a $ 100-million company and are looking at 5-foldgrowth in the next five years,” Melligeri said.

Quest Global provides design-to-build solutions and manufactures landing gear for Airbus A380, airframe components, wing components, tyre assembly and components for different commercial airplanes

The company has a staff of 1,800, 500 of them in its facilities abroad. The company has six delivery centres the world-over, including the United States, Italy, Japan, Germany and France, and has footprints in UK, Spain and China.