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.

RVAG has evolved into a global manufacturing platform and has more than 1,200 employees across 10 facilities in three countries. It manufactures precision aero-engine components and sub-assemblies for leading global OEMs, including GE Aerospace, Collins Aerospace, Honeywell and Safran, while also serving global energy companies such as Baker Hughes, Halliburton, SLB and GE. The current order book is more than ₹2,500 crore, the company said.

It is among the few Indian companies offering end-to-end aerospace manufacturing under one roof, spanning design, engineering, manufacturing, testing and assembly. Beyond contract manufacturing, Raghu Vamsi has built strong indigenous capabilities through its mission systems and deep-tech verticals. It develops micro turbojet engines, aircraft hydraulic pumps and missile subsystems for defence programmes while its ARROBOT platform is focussed on IC & Jet based drone technologies and unmanned ground vehicles for India’s armed forces.

Published - July 20, 2026 07:02 pm IST