JRG Automotive Gears Up for Expansion with ₹125 Cr Funding

Piramal Alternatives has invested ₹125 crore into JRG Automotive Industries India through its India Credit Opportunities Fund II. This capital injection is earmarked for scaling production capacity, upgrading factory infrastructure, expanding product lines, and pursuing potential acquisitions. JRG, a leading manufacturer of powertrain-agnostic injection-moulded plastic components for top passenger vehicle and two-wheeler OEMs, will utilize the funds to capture rising domestic and international demand. The investment highlights JRG’s strong OEM partnerships and its proven track record of increasing component content value per vehicle.

News by Rahul Yelligetti.