Aequs, a leading precision component manufacturer in the aerospace industry, has announced the appointment of Jean-Michel Condamin as Chief Executive Officer (CEO) of its Aerospace Division. This key leadership move will help Aequs to grow globally and strengthen its position in the aerospace sector.
Condamin took over quietly in late 2024 and has been providing strategic guidance and operational leadership to the division since then. With a career spanning multiple continents and industries – aerospace to commercial and industrial motors – Condamin brings a wealth of experience to Aequs’ global operations.
Welcoming the new CEO, Aravind Melligeri, Chairman of Aequs, said, “I am happy to welcome Jean-Michel to the Aequs family. His global perspective and industry experience makes him the right person to take our Aerospace Division to new heights. We are confident his leadership will play a big role in strengthening our global presence.”
Condamin joins Aequs from Nidec Motor Corporation where he was CEO of the Commercial & Industrial Motors Division. Prior to that he was in senior leadership roles at Zodiac Aerospace (now part of the Safran Group) including Managing Director of Galleys Europe, CEO of the Galleys & Equipment segment and Chief Operating Officer of the Cabin Branch.
“Aequs is a global customer centric manufacturing solutions provider and I am excited to contribute to its growth and success,” said Condamin on his appointment. “I look forward to working with the team here and with our customers and partners to deliver solutions that meet their evolving needs in the aerospace sector.”
Condamin has an MBA from the Joseph M. Katz Graduate School of Business, University of Pittsburgh and a bachelor’s degree in chemical engineering from Université de Technologie de Compiègne (UTC), France.
Aequs: The Only Vertically Integrated Aerospace Manufacturer in India
Headquartered in India, Aequs is the only precision component manufacturer operating within a single Special Economic Zone (SEZ) in India that offers vertically integrated aerospace manufacturing capabilities. With operations in India, France and the US, Aequs delivers supply chain efficiencies and manufacturing excellence to a global customer base.The Aerospace Division is at the heart of this and will drive innovation, sustainability and global growth with Condamin at the helm.
Key Highlights:
- Aequs operates in aerospace, consumer goods, and toys, with a strong global manufacturing presence.
- Recently entered a joint venture with Magellan Aerospace to set up a high-precision sand casting facility in Belagavi.
- Raised USD 95 million so far, including USD 54 million from Amansa Capital in Oct 2023.
- The current valuation is approximately USD 240 million (around INR 2,022 crore).
- Going public will support capex, innovation, and global expansion, making Aequs one of the few listed aerospace-focused firms in India.