08:24 AM EST, 03/06/2025 (MT Newswires) -- Magellan Aerospace ( MALJF ) on Thursday said it is exploring the feasibility of setting up a jointly-owned aerospace sand casting facility in India with Aequs, a private company.
If the project proceeds, the facility will be situated at the Belagavi Aerospace Cluster in Karnataka. This increased sand-casting capacity would support the commercial and defense sectors.
Aequs and Magellan established Aerospace Processing India in 2007, a joint venture that was the first third party facility approved by both Airbus and Boeing in India, providing surface treatment solutions not readily available in India.
Last year, both parties agreed to evaluate a proposal for a joint facility for maintenance and repair of aircraft engines in Karnataka.