|QuEST Global’s Selection as Airbus Preferred Supplier for Manufacturing Capabilities, ability to Offer Offset Fulfillment and Risk Sharing Partnerships, positions QuEST Global Uniquely Amongst Indian Aerospace Players|
Bangalore, Karnataka, India, Tuesday, July 20, 2010 -- (Business Wire India)
The global aerospace engineering & manufacturing major, QuEST Global announced today that it has become the first Indian private sector player to manufacture parts directly to Airbus under the long term agreement.
This distinction comes after a stringent selection process by distinguished Airbus and EADS sourcing and manufacturing organizations. This is a first step into manufacturing relationship with Airbus on existing program with a view to expand engagement to many other sourcing opportunities to leverage QuEST Global’s capabilities.
QuEST Global has been recognized as a quality supplier to the aerospace industry through the AS 9100 certification received for both engineering services and manufacturing practices. QuEST Global has set up an integrated manufacturing facility ranging from Machining, sheet metal processing, assembly and special processing (thro joint venture with Magellan Aerospace). The facility is approved by Airbus apart from other certifications like NADCAP.
QuEST Global becomes the only private sector company in India to sign Engineering Services and Manufacturing agreements. Under these agreements, QuEST Global will support various current programs in Manufacturing as well as current and upcoming programs in Design. QuEST Global has also set up an aerospace supply chain eco-system in its Special Economic Zone (SEZ) which is spread over 262 acres in Belgaum, North Karnataka, India. This will be highly beneficial to Airbus from a point of view of being able to source fully finished aerospace components and sub assemblies from India apart from delivering offset obligations.
“This win highlights the strength and strategic importance of QuEST Global’s manufacturing and SEZ capabilities. We are honored by the confidence that Airbus has shown in QuEST Global and we are eager and well prepared to take on this engagement. QuEST Global’s Engineering along with Manufacturing from our Belgaum SEZ will provide the ideal ‘end to end solution’ to Airbus.” said Aravind Melligeri, Chairman & Co-founder, QuEST Global.
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