Aequs has announced a ₹230 crore investment in its consumer electronics arm to strengthen capital expenditure and reduce debt. Simultaneously, its aerospace division reported a robust $814 million order book, ensuring strong revenue visibility. The company is expanding facilities in Tamil Nadu to focus on aero engine components and long-term growth.
Aequs, a diversified manufacturing company, is doubling down on its dual growth engines consumer electronics and aerospace. The firm approved an additional ₹230 crore investment in its consumer electronics subsidiary, aimed at scaling operations and improving financial strength. On the aerospace front, Aequs continues to demonstrate resilience, with an order book worth $814 million, providing sustained revenue visibility.
Key Highlights
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Consumer electronics investment: ₹230 crore infusion to expand operations and reduce debt.
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Aerospace order book: $814 million, ensuring long-term revenue stability.
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New facility: Tamil Nadu plant to focus on aero engine components.
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Strategic focus: Strengthening aerospace capabilities while scaling consumer electronics.
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Leadership vision: Executive Chairman & CEO Aravind Melligeri emphasized balanced growth across divisions.
This dual strategy positions Aequs as a major player in both high-tech aerospace manufacturing and fast-growing consumer electronics, reinforcing its role in India’s industrial growth story.
Sources: The Economic Times