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Carlyle buys $500mn stake in engg services co Quest

India Business News: Mumbai: Private equity financier Carlyle will acquire a minority stake in engineering services company Quest Global, replacing Bain Capital and Advent. ....

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aviation: After aircraft parts and toys, Karnataka-based Aequs now eyes engine components

Karnataka regions Koppal and Belgavi have become hubs for contract manufacturing for toys and aircraft components. Aequs, a contract manufacturer, currently supplies window frames, doors, landing gear components, fuselage components, and more to leading aircraft companies including Airbus and Boeing. It plans to enter the aircraft interiors market, currently dominated by China. Aequs is also exploring opportunities in engine components for aircraft and would like to expand in this sector. ....

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Analysis-India's aerospace suppliers see upside in parts-making from record jet orders

Indian aerospace suppliers see record jet orders by the country's top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production. Rising traffic, a search for alternative sourcing to China and orders this month from Air India and IndiGo for nearly 1,000 jets combined have made India a key market for aerospace. Now, small and medium suppliers want to capitalize on that to drive more sales of locally sourced parts, they told Reuters on the sidelines of the Paris Airshow last week. ....

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