Magellan Aerospace Corporation on Thursday announced the signing of a Memorandum of Understanding (MoU) with Aequs Private Limited to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility to come up in the Aerospace Cluster in Belagavi.
The proposed facility aims to meet sand casting demands in the growing aerospace industry.
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Sand casting facility to come up in Belagavi – The Hindu