{"id":182,"date":"2007-07-04T09:10:00","date_gmt":"2007-07-04T09:10:00","guid":{"rendered":"https:\/\/indianaviationnews.net\/avicareers\/?p=182"},"modified":"2007-07-04T09:10:00","modified_gmt":"2007-07-04T09:10:00","slug":"quest-aerospace-sez-to-employ-10000-in-belgaum","status":"publish","type":"post","link":"https:\/\/www.indianaviationnews.net\/careers\/2007\/07\/quest-aerospace-sez-to-employ-10000-in-belgaum.html","title":{"rendered":"Quest aerospace SEZ to employ 10,000 in Belgaum"},"content":{"rendered":"<p><span style=\"color: rgb(153, 0, 0);\">Bangalore<\/span>: Engineering services major Quest is collaborating with business partners to establish a 300-acre special economic zone (SEZ) in Belgaum, Karnataka, to build an ecosystem of aerospace supply chain.<br \/>The SEZ-which has been granted in-principle clearance by the Board of Approvals \u00e2\u20ac\u201d will be housing suppliers in a single area and carry out precision machining. \u00e2\u20ac\u0153The SEZ is expected to employ 10,000 people. Talks are on with a handful of potential domestic companies and MNCs to have them set up units at the SEZ,\u00e2\u20ac\u009d says Quest Global CEO Ajit Prabhu.<br \/>Quest\u00e2\u20ac\u2122s present facility in Bangalore, set up in collaboration with Canadian major Magellan, will also move into the SEZ as a 2,00,000 sq ft plant. The facility marked Quest\u00e2\u20ac\u2122s move into manufacturing from being an end-to-end engineering solutions company.<br \/>The offset clause for aircraft manufacturers is expected to give a big fillip to aerospace-linked manufacturing. India has said it plans to buy 126 fighter jets, valued at close to $10 billion. On the other hand, Airbus expects Indian firms to place orders for 1,100 passenger and freighter aircraft valued at about $105 billion over the next 20 years. \u00e2\u20ac\u0153With the current offset clause pegged at 30% of the purchase value and looking at the buying estimates, at least $3 billion worth of business is expected in the next 10 years,\u00e2\u20ac\u009d says Mr Prabhu.<br \/>Quest, which has been growing at 40% year-on-year, is the only engineering services company that works with the top three global aero-engine makers \u00e2\u20ac\u201c GE, Rolls Royce and Pratt &#038; Whitney.<br \/><span style=\"color: rgb(153, 0, 0);\">04\/07\/07 Chiranjoy Sen\/Economic Times<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bangalore: Engineering services major Quest is collaborating with business partners to establish a 300-acre special economic zone (SEZ) in Belgaum,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-182","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/comments?post=182"}],"version-history":[{"count":0,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/posts\/182\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/media?parent=182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/categories?post=182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indianaviationnews.net\/careers\/wp-json\/wp\/v2\/tags?post=182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}