Try GOLD - Free
Aerospace parts maker IIG Aero raises $12 mn to hike capacity.
The Business Guardian
|April 16, 2024
Bengaluru-based aerospace components manufacturer, JJG Aero, has secured USD 12 million (Rs100 crore) in inaugural funding from CX Partners which will be used primarily to increase its new facility's manufacturing capacity, further vertical integration, and other corporate initiatives.
-
Established in 2008, JJG Aero specialises in manufacturing build-to-print high-precision machined components, with in-house special process finishing capabilities. The funding comes at a time when the aerospace supply chain is facing all-time high demand from aircraft manufacturers, which legacy vendors in the Western world are struggling to meet.
The global geopolitical issues, economic stability and Government support make India ideally placed to benefit from this deal.
This story is from the April 16, 2024 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
Two brothers shot dead by cousin in Northeast Delhi
Two brothers, including one who was specially abled, were shot dead in Northeast Delhi's Jafrabad early Tuesday allegedly by their cousin and his associates after they fell out following the arrest of a wanted illegal arms supplier they were previously associated with, police said.
1 min
December 17, 2025
The Business Guardian
MENOPAUSE'S QUIET INTIMACY PROBLEM
IMS notes that local vaginal estrogen is generally preferable when systemic therapy isn't needed for other menopausal symptoms, and cites evidence (including Cochrane-reviewed comparisons) that multiple estrogen delivery methods relieve symptoms.
1 mins
December 17, 2025
The Business Guardian
UNION MINISTER SHIVRAJ CHOUHAN INTRODUCES VB-G RAM G BILL ON RURAL JOBS IN LS
Union Minister Shivraj Singh Chouhan on Tuesday moved in Lok Sabha to introduce the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025, that seeks to replace the existing rural employment law MGNREGA.
1 min
December 17, 2025
The Business Guardian
GM Korea to invest USD 300 million, plans premium brand launch next year
GM Korea has announced that it will invest USD 300 million in South Korea from next year and prepare to launch a premium brand in the country, as per a report by Pulse, the English service of Maeil Business News Korea.
1 min
December 17, 2025
The Business Guardian
PRECISION AND PROGRESS: HOW SCIENCE TRANSFORMS MODERN SURGERY
In recent decades, modern scientific advancements have dramatically transformed surgical procedures, making them safer, more precise, and less invasive.
1 mins
December 17, 2025
The Business Guardian
Low visibility hit operations at Delhi airport 131 flights cancelled
Low visibility conditions disrupted flight operations at Delhi airport on Tuesday, leading to airlines cancelling 131 flights, a Delhi International Airport Ltd official said.
1 min
December 17, 2025
The Business Guardian
'India's trade deficit likely to hover around $25 billion in coming months'
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
2 mins
December 17, 2025
The Business Guardian
The ‘Third Space’ Women Built
Homemakers' cricket leagues, community sport, and the confidence flywheel
1 min
December 17, 2025
The Business Guardian
Rupee breaches...
The RBI has been largely on the sidelines even as the Rupee has fallen the weaker US dollar.
1 min
December 17, 2025
The Business Guardian
BGS Vijnatham School hosts grand Annual Day inspired by Chanakya
BGS Vijnatham School, established under the visionary guidance of the Sri Adichunchanagiri Shikshana Trust, is a premier educational institution committed to academic excellence, character building, and holistic development.
2 mins
December 17, 2025
Listen
Translate
Change font size