Aequs Group to set up Aequs Toy Cluster in Koppal, Karnataka

Sakshi Agrawal Jul 16, 2022 0

Toy manufacturers from around the world will set up production units for toys in Aequs Group’s special economic zone (SEZ) in Koppal in north Karnataka. This SEZ will be home to companies that manufacture electronic and mechanical toys, packing materials, and components. Toy makers like GFT Group, Playgro, and Hasbro, as well as packaging firms like Sterling, will set up their manufacturing facilities in Koppal. The toys manufactured at the Koppal SEZ will be available in the domestic market ahead of Diwali and before Christmas in the international markets in 2022.

Aequs Toy Cluster by Aequs Group

The Aequs Toy Cluster construction works began in the year 2021 with an expected completion date in 2025. This SEZ will extend across an area of over 1,00,000 sq. ft. and will be tantamount to a construction cost of INR 1,540 crores. The industrial park is in the Koppal district of north Karnataka at latitude 15.395083 (15° 23′ 42.2988″ N) and longitude 76.032389 (76° 1′ 56.6004″ E). The construction work for 4 blocks is complete, and they will develop the upcoming production units in a phased manner.

Key Project Highlights

Name of the ProjectAequs Toy Cluster, Koppal, Karnataka
Name of the DeveloperAequs Group
Year of Construction Commencement2021
Year of Construction Completion 2025
Construction Area Range (in sq. ft)Over 1,00,000 sq. ft.
Total Project CostINR 1,540 crores
Project SegmentIndustrial Park
Project Sub-SegmentToy Industry
Project SectorPrivate Sector
Latitude and Longitude15.395083 (15° 23′ 42.2988″ N)
76.032389 (76° 1′ 56.6004″ E)
Pin Code583231
Latest StatusUnder Construction

Aequs

Aequs is a diversified contract manufacturing company providing vertically integrated product solutions across the Aerospace and Consumer Goods industries. By leveraging its manufacturing ecosystems, Aequs reliably delivers supply chain efficiencies to its global customer base. Aequs engages over 4,000 people and operates manufacturing facilities across India, France, and the United States of America.

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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is only for illustration purposes and does not in any way represent the project. If you wish the article to be removed or edited, please send an email to editor@biltrax.com

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