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GOA BASED KINECO SIGNS LANDMARK DEAL WITH EUROPEAN AEROSPACE LEADER FACC AG

June 2025

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Incredible Goa

In a significant development for India's aerospace sector, Austrian aerospace firm FACC AG has signed a seven-year agreement with Goa-based Kineco Aerospace & Defence to supply structural parts for commercial aircraft.

GOA BASED KINECO SIGNS LANDMARK DEAL WITH EUROPEAN AEROSPACE LEADER FACC AG

This marks the first collaboration between a European aerospace supplier and a Goan company in the commercial aviation sector.

The agreement, announced during the 2025 Paris Air Show, initiates a 10-month phase of technical and operational coordination between FACC and Kineco. Upon successful execution, this partnership will integrate Kineco into FACC's global supplier network, enhancing India's presence in the global aerospace value chain.

The decision to partner with Kineco reflects a strategic shift towards globally competitive partners who meet stringent quality and cost benchmarks.

المزيد من القصص من Incredible Goa

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WATER SECURITY TAKES CENTRE STAGE WITH SCIENTIFIC PLANNING PUSH IN GOA

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ENHANCED CONTROL OF GST EVASION IN EVENTS INDUSTRY

Under GST law, any person who occasionally undertakes taxable supplies in a state where they have no fixed place of business must register as a CTP at least five days before starting their business, regardless of their turnover. The government has found that many of these organizers leave the state after an event without paying tax, and the property owners often fail to cooperate with officials once the event is over.

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STARTUP CULTURE GAINS GROUND IN GOA'S EMERGING ECONOMY

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time to read

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SONGKRAN CELEBRATIONS

Came Alive at Banyan Tree, Taj Holiday Village Resort & Spa

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FROM PASSION TO PROFESSION

The Rise of Goan Food Carts as Youth Startups

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CONVENIENCE VS CONSCIENCE

How Everyday Choices Are Quietly Destroying the Environment

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REAL ESTATE ACTIVITY ACCELERATES WITH STRONG INVESTOR INTEREST IN GOA

Goa's real estate sector is experiencing a fresh wave of momentum, with April witnessing a clear uptick in project activity, land conversions, and investor engagement.

time to read

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THE NEW GOA ECONOMY TOURISM ALONE IS NO LONGER ENOUGH

TOURISM ALONE IS NO LONGER ENOUGH

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FROM SAND TO SPOTLIGHT

Goa's Rise in Beach Sports

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IS GOA BECOMING INDIA'S NEXT REMOTE WORK HUB?

In recent years, remote work culture has seen a remarkable rise, reshaping how people approach their careers and lifestyles.

time to read

2 mins

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