German firm Bikar inks pact with Aequs Infra

Mumbai: German aerospace materials supplier Bikar has signed an initial pact with Aequs Infrastructure to set up an advanced aerospace centre at the latter's facility in Belagavi in Karnataka.

Announcing this on Wednesday, Aequs said Bikar Aerospace's unit at its Belagavi Aerospace Cluster (BAC) is expected to be fully operational by the first quarter of 2024. The country's first notified precision engineering and manufacturing SEZ, BAC offers a vertically integrated manufacturing ecosystem with co-located capabilities that deliver an end-to-end manufacturing value stream.