Power List 2020 – Aequs

In today’s disruptive age, business models are subject to rapid displacement as sustainable competitive advantage no longer arises exclusively from the position, scale, and first-order capabilities in production and delivering products. It stems from capabilities that foster rapid adaptation to changing customer requirements and technological advancements. It is critical in aerospace manufacturing that requires advanced competencies to deliver highquality products in shorter lead times.

Digital transformation has been setting new definitions with ‘smart factories’ that integrate the product development process, from engineering and supply chain to inspection and logistics. Automated processes can save time and costs and improve productivity. Aequs is the first aerospace manufacturing company in India to set up a Flexible Manufacturing System to offer competitive machining solutions for both hard and soft metal parts at a global level.

Aerospace manufacturing operates with a ‘zero error’ policy, and employees need to be upskilled to handle smart factories and automation, along with a steady influx of new processes. Aequs’ skill development programmes nurture in-house talent while the Aequs Knowledge Centre nurtures fresh graduates.

Manufacturers need to broaden their efforts and create a strategy to build a healthy work culture that not only attracts and motivates talent but also enhances collaboration with partners and customers. It has always had a forward-looking approach to drive innovation across our processes and people and value-creation for our customers. Its innovation strategy is recalibrated at regular intervals.