Bengaluru
✈️ JJG Aero’s ₹500 Cr Expansion: Targeting ₹500 Cr Revenue by FY29 with 30% CAGR
1. ₹500 Crore Investment for Expansion
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JJG Aero to invest ₹500 crore (Phase 1 Capex) in a new 10-acre factory.
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Includes land, building, machinery, and setup.
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Factory expected to be operational by mid-to-end 2027.
2. Strong Market Footprint
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US market: Contributes 50% of revenue.
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Europe: 25% share.
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India: 25% share.
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Clients include Boeing, Collins Aerospace, Safran, GE.
3. Current & Projected Revenue
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FY24 revenue (estimated): ₹240 crore.
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Aerospace division: ₹160 crore.
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Machinery & Special Processing units: ₹80 crore.
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Growth rate: ~30% CAGR over last 3–4 years.
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Target: Touch ₹500 crore revenue by FY28–29.
4. Global Aerospace Growth Opportunity
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Aerospace manufacturing in India growing at ~10% annually.
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JJG Aero supplies 1,500+ unique components worldwide.
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Adds 60 new aerospace parts per month (~2 per day).
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Expanding into engine parts, avionics, and landing gear – critical for India’s self-reliance in aviation manufacturing.
5. Recent Funding & Capital Support
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In 2023, JJG Aero raised $12 million (~₹100 crore) from CX Partners.
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Funds used for:
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Expanding manufacturing capacity.
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Vertical integration.
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Strategic corporate initiatives.
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6. Workforce & Talent Development
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Current workforce: 600 employees.
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80% blue-collar staff in machinery & quality control.
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Added 200 people in the last 3 years.
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Partnerships with universities & ITIs to train and hire engineers.
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Plan for aggressive hiring as capacity expands.
7. Facility Expansion Timeline
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Bommasandra-Jigani facility in Bengaluru already at full capacity.
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New 10-acre plant (₹500 Cr project) to reduce bottlenecks, operational by 2027.
⚠️ Disclaimer – The Profit India
This article is for informational purposes only. It does not constitute financial, investment, or business advice. Readers are encouraged to conduct their own due diligence or consult professional advisors before making any investment or strategic decisions related to the aerospace and defense sector.
