PRTODAY / NewswireToday Free press release distribution service network

More news: Outsourcing
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Honours QuEST Global for its Exceptional Competitive Strategy Leadership - The 2008 Competitive Strategy Leadership Award for Global Commercial Aviation Suppliers Based in India is presented to QuEST Global
Frost & Sullivan Honours QuEST Global for its Exceptional Competitive Strategy Leadership

 

NewswireToday - /newswire/ - London, United Kingdom, 2008/10/14 - The 2008 Competitive Strategy Leadership Award for Global Commercial Aviation Suppliers Based in India is presented to QuEST Global.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Outsourcing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The company's successful venture into manufacturing aero structures, aero engine parts and sub-assemblies for aerospace Tier 1 suppliers and OEM's has been followed by an exciting venture – the establishment of a Special Economic Zone (SEZ) in Belgaum (India) for precision engineering. This strategy aims at optimally capitalizing on the opportunities in the aerospace sector, while catering to the complete aerospace supply chain on a long term basis.

“The precision engineering SEZ being promoted by QuEST Global will provide best-in-class facilities and infrastructure for the global aerospace industry,” notes Frost & Sullivan Research Analyst John Siddharth. “The SEZ, set to be operational by year end, is spread over 300 acres and will provide an ecosystem for OEMs, their suppliers, all ancillary and related end user industries to set up precision manufacturing and engineering units.”

The SEZ will have a direct impact on the supply chain of the Indian aerospace industry. Currently, the industry is segmented. The SEZ aims at creating a complete supply chain for both the Indian as well as the global aerospace industry. It will act as a platform for Foreign Direct Investment (FDI) into India.

The SEZ is strategically located and offers greater scope for expansion. It has access to a large talent pool of machinists. Belgaum, in the state of Karnataka (India), is a Tier-III city, and development/expansion in Tier-III cities is typically easier, less expensive and less cumbersome. Moreover, the SEZ is close to three sea ports and is linked to key cities through major highways. Belgaum also has an airport of its own, besides 2 other airports within 90 minutes drive.

Till date, four units catering to various areas of the aerospace supply chain have initiated the setting up their operations in the SEZ. QuEST Global is planning to double the size of the SEZ based on the growth needs of the companies.

QuEST Global is working with Aerospace OEM's and Tier-1's that are looking to globalize their supply chain to leverage the aerospace precision engineering ecosystem, by establishing facilities in the SEZ. QuEST Global is, itself, expanding its precision machining activities in the SEZ, and is also setting up a special processing company as a joint venture called Aerospace Processing India (API) with Magellan Aerospace. In addition, there will be a sheet metal unit and an engineering design unit in the SEZ.

“The strategic advantage of having players across the value chain in aerospace manufacturing in the SEZ, would be the amount of time saved for logistics, which is highly time consuming in the case of aerospace systems and assemblies,” remarks Siddharth. “Since each unit in the SEZ would be a specialist in their own segment, this presents a win-win situation.”

Importantly, the SEZ will allow QuEST Global to offer complete design to build services, right from the concept to the finished product that can be used to build an aircraft. This is a unique offering from QuEST Global that is set to gain widespread appeal in the aerospace industry, as companies consolidate their supply chain and look for more value-add from their suppliers.

QuEST Global has been growing substantially, with year on year growth averaging nearly 45 per cent over the last 3 years. In 2008-2009, QuEST Global is anticipating an over 75 per cent growth in revenues. On completion of the SEZ, the company's overall growth is set to rise more rapidly than the current rate.

The Frost & Sullivan Award for Competitive Strategy Leadership is presented to the company whose competitive strategy has yielded significant gains in market share during the research period. Often, the recognised company has taken advantage of recent market changes that facilitate the introduction of never-before seen methods of capturing and solidifying market presence. Alternatively, the Award recipient may have executed an innovative strategy within the existing competitive landscape, empowering the company to overtake the competition. In either case, the company captures the attention of the competition, which quickly adjusts in order to protect its own market position. Frost & Sullivan analysts expect such innovations to produce lasting, precedent-setting trends in the industry.

Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About QuEST Global
QuEST Global (quest-global.com) is a leading provider of outsourced engineering services and manufacturing. The company helps customers in the aerospace, power generation, oil & gas, civil structures, industrial products, and transportation verticals to cut product development costs, shorten lead times, extend capacity and maximize engineering resources availability by providing support across the complete product life cycle from design and modelling through analysis, prototyping, automation, data documentation, instrumentation and controls, embedded systems development, manufacturing support, vendor management, and in-house precision machining. Through our Global Product Development framework and our on-site/off-shore/on-shore models, we leverage our local presence and global reach to support globalization initiatives for our customers. QuEST Global employs over 1500 people and has delivery centres in India, USA, Italy, Japan and footprints in UK, Germany, France, Spain and China.

QuEST Global Contact Information:
Archita Deb
T: +91 4119 0900
E: archita.deb[.]quest-global.com.

Good Relations
Kanchana Prasad / Sreeja Nair
T: +91 98802 78172 / +91 98861 10527
E: kanchana[.]gri.co.in / sreeja[.]gri.co.in.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Outsourcing Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Outsourcing articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Honours QuEST Global for its Exceptional Competitive Strategy Leadership

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Jasmine Malone – Promotions Coordinator 
+44 207 915 7869 jasmine.malone[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Outsourcing via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Outsourcing Most Recent Related Newswires:

Frost & Sullivan Lauds Teleperformance for its Continuing Dominance in the Latin American Nearshoring Services Market
Smart Link and Six Clients Sweep Top Honours at Middle East Contact Centre Awards 2016
Outsourcing Company Mobilunity Launches Time Management Android App 'Time Task'
PGBS Increases its Multilingual Call Center Support with the Addition of Regional Languages
'Getting Digital Done' Neo Insights CxO Roundtable 2016 in Collaboration with Baker & McKenzie
Visionet Enhances Innovative Solution for PowerBuilder Modernization to J2EE
Frost & Sullivan Distinguishes Teleperformance Russia for its Innovative Solutions and Operational Excellence in the Customer Contact Outsourcing Mark
Apple Pay® Now Available to Cardholders of ALINE Card by ADP® for an Easy, Secure and Private Way to Make Payments
Frost & Sullivan Recognizes Alorica for Catapulting into a Leadership Position within the BPO Industry
Influential Singapore Media Outlet, HumanResources, Selects ADP Payroll Solution for Two of its Top HR Vendors of the Year Awards
Conectys Named European Outsourcing Service Provider of the Year by the EOA
FW Warehousing Receives AIB Superior Ratings At Two Facilities
ADP® Announces New Features and Enhancements to ADP Workforce Now® that Help Midsized Businesses Streamline HR
ADP Health Compliance Wins HRO Today's 2015 TekTonic Award
ADP® Named to InformationWeek 'Elite 100' for 2015

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)