Aequs to Invest ₹230 Crore in Consumer Electronics; Aerospace Order Book at ₹814 Million
3 hours agoBusiness
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2 SourcesTamil Nadu, India
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Aequs to Invest ₹230 Crore in Consumer Electronics; Aerospace Order Book at ₹814 Million

Aequs plans to invest ₹230 crore in its consumer electronics division to reduce debt and fund capital expenditure, aligning with its post-IPO strategy. The company has already invested over ₹600 crore in this segment, which currently operates at 31% capacity utilization. Its aerospace segment, contributing 80-85% of revenues, holds an ₹814 million order book with 38% year-on-year growth and targets around 20% EBITDA margins. A new Tamil Nadu facility will focus on aero engine components, supporting sustained growth in both sectors.

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