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Bangalore,
India, October 13, 2008 - 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.
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