Nuvama x Val-Met: A ₹200 Crore Boost for Indian Aerospace

Nuvama Private Equity has invested ₹200 crore in Chennai-based Val-Met Engineering, acquiring a minority stake to strengthen its presence in India’s fast-growing aerospace and defence manufacturing ecosystem.

The investment aligns with Nuvama’s broader strategy of backing high-potential companies in advanced and value-added manufacturing sectors, which are benefiting from rising domestic demand and the global push for supply chain diversification and self-reliance.

Pranav Parikh, Managing Partner and Head of Private Equity at Nuvama Asset Management, said the firm is actively evaluating further opportunities in resilient businesses positioned to benefit from these structural shifts. He noted that the goal is to scale Val-Met from an India-focused operation into a regional and eventually global player.

Val-Met Engineering, a specialised materials supplier, plans to utilise the funding to enhance its technological capabilities, expand production capacity, and explore international acquisitions. The company plays a key role in supply chains supporting high-growth sectors, and the investment is expected to strengthen India’s precision engineering ecosystem while supporting export-oriented growth and innovation.

News by Rahul Yelligetti.