BENGALURU, India | February 2, 2026 — JJG Aero, a Bengaluru-based aerospace components manufacturer, has raised $30 million in Series B funding led by Norwest, as the company accelerates capacity expansion to meet rising global demand for precision aerospace components.
The latest funding round brings JJG Aero’s total capital raised to $42 million, following a $12 million Series A round led by CX Partners in April 2024. The Series B capital will be primarily used to build and add manufacturing capacity at the company’s upcoming facility in North Bengaluru, deepen vertical integration, and support other strategic growth initiatives.
Scaling Aerospace Manufacturing in India
Founded in 2008, JJG Aero specialises in high-precision machined aerospace components, serving the aircraft systems and engines segment. The company also operates a subsidiary catering to the auto components and industrial manufacturing sectors, strengthening revenue diversification.
JJG Aero’s customer portfolio includes leading American and European aerospace OEMs and Tier-1 suppliers, such as Collins Aerospace, Safran, GE Aerospace, Pratt & Whitney, Woodward, and Liebherr.
“The last five years have witnessed exponential growth for companies like ours that possess the capabilities, compliance standards, and customer relationships required to meet global aerospace demand,” said Anuj Jhunjhunwala, CEO of JJG Aero.
“From operating two small one-acre facilities, we are now building a large Unit 3 on a 10-acre site with deeper backward and forward integration, along with space to expand into adjacent capabilities at the right time,” he added.
Global Aerospace Demand Drives Growth
According to industry leaders, the global aerospace supply chain is facing record-high demand, driven by aircraft production backlogs and fleet modernisation. Legacy suppliers in Western markets are struggling to scale at pace, creating opportunities for India-based aerospace manufacturing companies with advanced capabilities.
“With our strengths and value proposition, we see ourselves as a key supplier of precision-machined components in the global aerospace ecosystem,” Jhunjhunwala said. “India has emerged as an attractive destination for aerospace sourcing, and we are excited to be selected by multiple marquee global clients as a strategic growth partner.”
Investor Confidence in India’s Aerospace Manufacturing Sector
Norwest said the investment reflects confidence in India’s growing aerospace manufacturing outsourcing ecosystem.
“We are thrilled to invest in JJG Aero, our first investment in this segment,” said Shiv Chaudhary, Managing Director at Norwest. “JJG Aero has delivered a strong 35 percent CAGR over the last three years, and this capital will support capacity expansion while improving the quality of earnings through higher value-added components.”
He added that Indian manufacturers are increasingly recognised for their ability to deliver high-quality, globally compliant aerospace parts, positioning the country as a strategic hub in the global supply chain.
Advanced Manufacturing Capabilities
JJG Aero offers end-to-end aerospace manufacturing services, ranging from simple 2-axis machining to complex 5-axis precision machining. Its operations are supported by over 30 NADCAP-approved special processes, including electroplating, anodizing, painting, and non-destructive testing (NDT).
In addition, the company provides mechanical assemblies, testing, and other value-added services, enabling it to serve as a comprehensive manufacturing partner to global aerospace customers.
About JJG Aero
JJG Aero is a Bengaluru-headquartered aerospace components manufacturer focused on high-precision machined parts and in-house special process finishing for aircraft systems and engines. With a 35 percent CAGR over the last three years, the company is expanding through a 200,000 sq ft manufacturing facility spread across 10 acres in North Bengaluru, with a long-term revenue target of ₹1,000 crore by FY 2032–33. JJG Aero also operates a subsidiary serving auto and industrial segments.
About Norwest
Norwest is a global venture and growth equity investment firm managing over $15.5 billion in capital. The firm has backed more than 700 companies globally and currently partners with over 250 portfolio companies. In India, Norwest has invested across sectors including financial services, industrials, technology, healthcare, and consumer businesses.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape.