Rangsons Aerospace, a tier-I supplier to leading global aviation and aerospace OEMs, has secured ₹300 crore in funding from ValueQuest Investment Advisors to support its expansion. The capital will be used to enhance research and development, strengthen manufacturing capabilities, grow its engineering team, and upgrade infrastructure.
“We require substantial organic expansion. The investment will be allocated across R&D, manufacturing, engineering team expansion, and infrastructure development,” said Pavan Ranga, Managing Director of Rangsons Aerospace.
As part of its broader growth strategy, the company is evaluating acquisitions in the US and Europe to strengthen its expertise in non-metal composites. “Aircraft manufacturers are focused on reducing weight. Our current operations center around metal manufacturing, but we are now exploring non-metal composites and critical composite components. No company in India is currently engaged in this segment,” Ranga explained. He also noted that Rangsons Aerospace is in discussions with potential acquisition targets possessing advanced capabilities that could significantly bolster India’s aerospace sector.
The company specializes in airborne cooling systems, a segment that has historically relied on imports. “Nearly 95% of airborne cooling systems were imported, so we took the initiative to develop them locally,” Ranga stated. Additionally, Rangsons Aerospace has expanded into satellite communication (SATCOM) systems for in-flight connectivity and fluid conveyance solutions essential for aircraft and engines.
Financially, the company anticipates a 94% revenue increase this year and projects 120% growth next year. Its order book currently exceeds ₹1,500 crore. “We are on track to become a ₹250 crore company by FY25-26. More importantly, we already have an order pipeline worth over ₹1,500 crore, positioning us for strong future growth,” Ranga added.
Rangsons Aerospace is a prominent Indian company specializing in the design, development, and manufacturing of high-precision aerospace components and systems. Established with a strong focus on delivering innovative solutions for both commercial and defense sectors, the company offers a wide range of services including avionics, mechanical assemblies, electronic systems, and testing. Rangsons Aerospace is known for its commitment to quality and its ability to meet stringent industry standards. The company has partnered with global aerospace leaders, contributing to various projects in the space, aviation, and defense industries. With a strong emphasis on technology and research, Rangsons Aerospace continues to play a key role in India’s growing aerospace sector.
