Aerospace components maker JJG Aero raises $30M in Series B round from Norwest

JJG Aero, an aerospace components manufacturer, has raised $30 Mn (INR 275 Cr) in its Series B funding round from investment firm Norwest.

The new funds will mainly be used to build JJG Aero’s upcoming facility in North Bengaluru, improve vertical integration, and support other key projects.

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"The last five years have witnessed exponential growth for companies such as ours that possess the capabilities, processes, compliance standards, and customer relationships to meet global aerospace demand. The opportunity is immense. From having two small one-acre sites, we are now building a massive Unit 3 on a 10-acre site with further backward and forward integration, and space to expand into adjacencies at the opportune time," said Anuj Jhunjhunwala, CEO of JJG Aero.

"The aerospace supply chain is facing an all-time high demand from aircraft manufacturers, which legacy vendors in the western world are struggling to meet. With our strengths and value proposition, we see ourselves as a key player for precision-machined components in the aerospace ecosystem. India has emerged as an attractive destination for sourcing components and parts by global leaders and we are excited to be selected by so many marquee clients as a strategic growth vendor," he added.

Founded in 2008 by Anuj Jhunjhunwala, Bengaluru-based JJG Aero makes high-precision components for aerospace, automotive, and industrial sectors. It provides build-to-print machining and special processing services to global OEMs and Tier 1 suppliers, including Collins Aerospace, Safran, and GE.

The company’s products include precision machined parts, bushes and washers, brackets, manifolds, landing system components, actuators, fluid systems, and avionics. JJG Aero operates over 100 machines across 60,000 sq ft of manufacturing space at its facilities in Bommasandra and Jigani, near Bengaluru.

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