Raghu Vamsi Aerospace Group Raises US$40 mn in Series B

24 Jul 2026 CW Team

RVAG intends to deploy the funds to increase manufacturing capacity and upgrade facilities in India, the United Kingdom and the United States, and to accelerate work on an upcoming manufacturing site. Part of the capital will be allocated to its Mission Systems, Deep Tech and Autonomous businesses as the group broadens activity beyond conventional aerospace supply. The company will also use funding for research and development partnerships with academic and defence research organisations.

RVAG manufactures precision?engineered components and sub?assemblies for the aerospace and defence sectors and operates more than 10 facilities across India, the UK and the US. Its customer list includes GE Aerospace, Honeywell, Safran and Collins Aerospace, while it supplies energy?sector clients such as Halliburton, SLB and GE. The group handles a wide range of manufacturing stages in?house, from design and engineering to testing and final assembly.

The order book stands at more than Rs 25 bn, giving RVAG a substantial pipeline as it scales capacity. Production capabilities include CNC machining, sheet?metal fabrication, electronics, gears, fasteners and NADCAP?approved special processes, enabling end?to?end work for major programmes. RVAG is developing turbojet engines, aircraft hydraulic pumps, missile subsystems, jet?powered and internal?combustion drones and unmanned ground vehicles for the Indian armed forces, supported by collaborations with the Indian Institutes of Technology, Indian Institutes of Information Technology, the Aeronautical Development Agency and the Defence Research and Development Organisation.

Raghu Vamsi Aerospace Group (RVAG) has secured US$40 mn, about Rs 4 bn, in a Series B funding round co?led by Norwest and Skegen Asset Management. The round also saw participation from Indus Bridge Ventures and GJNX Ventures as the Hyderabad?based aerospace and deeptech manufacturer seeks to scale across multiple markets. The investment will provide capital for expanded production and technology development. RVAG intends to deploy the funds to increase manufacturing capacity and upgrade facilities in India, the United Kingdom and the United States, and to accelerate work on an upcoming manufacturing site. Part of the capital will be allocated to its Mission Systems, Deep Tech and Autonomous businesses as the group broadens activity beyond conventional aerospace supply. The company will also use funding for research and development partnerships with academic and defence research organisations. RVAG manufactures precision?engineered components and sub?assemblies for the aerospace and defence sectors and operates more than 10 facilities across India, the UK and the US. Its customer list includes GE Aerospace, Honeywell, Safran and Collins Aerospace, while it supplies energy?sector clients such as Halliburton, SLB and GE. The group handles a wide range of manufacturing stages in?house, from design and engineering to testing and final assembly. The order book stands at more than Rs 25 bn, giving RVAG a substantial pipeline as it scales capacity. Production capabilities include CNC machining, sheet?metal fabrication, electronics, gears, fasteners and NADCAP?approved special processes, enabling end?to?end work for major programmes. RVAG is developing turbojet engines, aircraft hydraulic pumps, missile subsystems, jet?powered and internal?combustion drones and unmanned ground vehicles for the Indian armed forces, supported by collaborations with the Indian Institutes of Technology, Indian Institutes of Information Technology, the Aeronautical Development Agency and the Defence Research and Development Organisation.

Real Estate

24 Jul 2026

We will continue to invest in integrated commercial destinations: Amrita Gupta

Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, speaks on how projects like Westin Jaipur Resort and Sheraton Jaipur are strengthening Manglam Group's integrated real estate and hospitality strategy.Manglam Group has announced a Rs 1,000 crore hospitality expansion in Rajasthan—what strategic vision is driving this next phase of growth?Hospitality has emerged as a defining pillar of Manglam Group’s long-term growth strategy, underpinned by a vision of creating destination-led experiences that transcend conventional hospitality. The genesis of this journey was The We..

Infrastructure Energy

24 Jul 2026

Batliboi Wins Rs 520 Mn Contract For Solar Cell Pollution Controls

Batliboi Limited has secured a major contract from SAEL Industries Limited to supply pollution control systems for a new solar cell manufacturing facility at Jewar in Uttar Pradesh. The order instructs Batliboi Limited's EEG Division to design, engineer, supply, install and commission a PEX system to support SAEL Industries Limited's six GW solar cell line. The contract is domestic in origin and was submitted to the stock exchanges under regulatory disclosure requirements. The contract value is Rs 520 mn, reflecting a substantial order for environmental control equipment for the manufacturing ..

Infrastructure Urban

24 Jul 2026

Delhi Approves PARIVARTAN Scheme To Replace Old Trucks And Buses

The Delhi government has approved the Programme for Accelerated Renewal and Incentivisation of Vehicle Assets for Reducing Transport Air Pollution and Network Emissions (PARIVARTAN) to cut transport-related emissions in the national capital. The scheme, supported by the Ministry of Road Transport and Highways (MoRTH), will phase out old, polluting trucks and buses and replace them with BS-VI, higher-emission-standard or electric vehicles. The initiative is intended to modernise the commercial vehicle fleet and strengthen the capital's clean transport system. Owners of Light Goods Vehicles that..