Raghu Vamsi Aerospace Group (RVAG), a Hyderabad-based aerospace and defence manufacturing company, has secured $40 million (around ₹400 crore) in a new funding round to expand its global manufacturing footprint and strengthen its indigenous defence and deep-technology businesses. The investment round was led by Norwest and Skegen Asset Management, with participation from Indus Bridge Ventures, GJNX Ventures and investor Ashish Kacholia.
The fresh capital will be used to increase production capacity at the company’s facilities in India, the United Kingdom and the United States. It will also support the development of RVAG’s integrated manufacturing campus at Hardware Park near Hyderabad International Airport and accelerate growth in its Mission Systems and Deep-Tech & Autonomous Systems divisions.
Over the past 20 years, Raghu Vamsi Aerospace Group has grown into a global precision manufacturing company with more than 1,200 employees and over 10 facilities across three countries. The company manufactures critical aero-engine components and sub-assemblies for leading aerospace companies, including GE Aerospace, Collins Aerospace, Honeywell and Safran. It also supplies precision-engineered products to major energy companies such as Baker Hughes, Halliburton, SLB and GE. The company currently has an order book worth more than ₹2,500 crore.
RVAG offers complete aerospace manufacturing services under one roof, covering design, engineering, manufacturing, testing and final assembly. Its manufacturing capabilities include CNC machining, sheet metal fabrication, composite structures, electronic systems, gears, fasteners and NADCAP-approved special processes.
In addition to contract manufacturing, the company has expanded into indigenous defence technologies through its Mission Systems and Deep-Tech divisions. It is developing micro turbojet engines, aircraft hydraulic pumps and missile subsystems for defence programmes. Through its ARROBOT platform, the company is also building internal combustion and jet-powered drone technologies along with unmanned ground vehicles for the Indian armed forces.
Managing Director Vamsi Vikas said the investment reflects strong confidence in the company’s integrated manufacturing platform, which has earned the trust of leading global aerospace, defence and energy companies. He said the funding will help the company expand its operations across India, the UK and the USA while speeding up work on the Hardware Park campus and strengthening investments in Mission Systems and Autonomous Systems.
Chief Executive Officer Siva Arvinth said the company’s growth has been driven by the values established by its founder, Late Sri G Thrimurthulu. He added that the new investment will support further investments in technology, talent development and manufacturing capabilities as the company enters its next phase of expansion.
Shiv Chaudhary, Partner at Norwest, said Raghu Vamsi Aerospace has built a strong manufacturing platform backed by technical expertise and consistent execution. He said the firm looks forward to supporting the company’s long-term growth plans. Navin Roy Vallabhneni of Skegen Asset Management said the company’s strengths in precision manufacturing, mission systems and deep technologies position it well within India’s growing aerospace and defence sector.
Headquartered in Hyderabad, Raghu Vamsi Aerospace Group has grown into a global precision engineering and deep-technology company serving the aerospace, defence and energy sectors. With operations across India, the United Kingdom and the United States, and a workforce of more than 1,200 employees, the Group supplies advanced aero-engine components and assemblies to leading global manufacturers, including GE Aerospace, Pratt & Whitney, Honeywell, Safran and Collins Aerospace. The investment further strengthens the company’s position as a key contributor to India’s growing aerospace and defence manufacturing capabilities.
