JJG Aero, an aerospace components manufacturer in India, has secured $30 million in a funding round led by Norwest, per media reports.
This marks the venture capital firm’s first investment in aerospace components manufacturing in the country.
Established in 2008 in Bengaluru, JJG Aero makes high-precision components for the aerospace, automotive, and industrial sectors, supplying to global OEMs and tier-1 customers including Collins Aerospace, Safran, and GE.
It plans to use the funding to set up a 200,000 sq ft manufacturing facility in North Bengaluru, scale up capacity at existing plants, and invest in advanced processes and sub-assemblies.
The company currently operates more than 100 machines across 60,000 sq ft of manufacturing space at facilities located in Bommasandra and Jigani near Bengaluru.
JJG Aero earlier made headlines in April 2024 when it raised $12 million in its Series A round from CX Partners.
The aerospace manufacturing sector in India has drawn significant investor interest in recent years, supported by rising global outsourcing, supply-chain diversification, and policy measures announced by the government, including incentives outlined in recent Union Budgets.
Among other companies that have raised funding in the sector, Jeh Aerospace garnered the backing of Elevation Capital last year when it secured $11 million in funding. The firm also counts General Catalyst and IndiGo Ventures among its investors.
