Raghu Vamsi Aerospace Group raises $40 million
Raghu Vamsi Aerospace Group has secured $40 million in funding to expand its manufacturing capacity and develop new aerospace and defense technologies. The company serves major global OEMs and plans to grow its integrated manufacturing campus near Hyderabad.
Why it matters
This investment highlights the growing capability of Indian firms in the global aerospace and defense supply chain.
Precision manufacturing and deep-tech company Raghu Vamsi Aerospace Group (RVAG) has raised $40 million (around ₹400 crore) in its latest funding round.
The funds will be used to expand manufacturing capacity across its facilities in India, UK and USA, accelerate development of the upcoming integrated manufacturing campus at Hardware Park near Hyderabad International Airport and strengthen its mission systems as well as deep-tech and autonomous systems businesses.
The funding round was led by Norwest and Skegen Asset Management with participation from Indus Bridge Ventures, GJNX Ventures and noted investor Ashish Kacholia, the Hyderabad-based company said.
“The investment is a strong vote of confidence in what our team has built over the last two decades, a fully integrated, home-grown manufacturing platform that global aerospace, defence and energy sectors,” RVAG managing director Vamsi Vikas said.
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