Indian startup Jeh Aerospace has raised $11 million in Series A funding to expand its manufacturing of aircraft components and help ease the global aerospace supply chain bottleneck. Founded by former Tata Group executives Vishal Sanghavi and Venkatesh Mudragalla, the company is leveraging their deep industry experience to bring advanced production capabilities to India.
U.S. focus, India-based manufacturing
While Jeh Aerospace is headquartered in Atlanta, its core manufacturing operations are based in a 60,000-square-foot facility in Hyderabad, India. The plant combines precision machinery, robotics, and IoT systems to reduce typical lead times from 15 weeks to just 15 days — a game-changing shift in the industry.
With its software-defined manufacturing model, Jeh Aerospace offers predictable scheduling and consistent quality, positioning itself as a dependable supplier to Tier 1 aerospace manufacturers in the U.S.
Strong backing from VCs and strategic investors
The $11 million round was led by Elevation Capital, with additional investment from General Catalyst. In total, Jeh Aerospace has raised $15 million in institutional capital, including a strategic investment from IndiGo Ventures, the venture arm of one of India’s largest airlines.
Ashray Iyengar, Principal at Elevation Capital, stated:
“Jeh Aerospace has built a truly differentiated approach to aerospace manufacturing.”
A global problem, a local solution
According to IATA, global air traffic grew by 10.4% in 2024, surpassing pre-pandemic levels by 3.8%. As airlines expand their fleets, OEMs are struggling with backlogs and component shortages. Jeh Aerospace aims to fill this gap by focusing on Tier 1 and Tier 2 manufacturers, rather than working directly with OEMs like Airbus and Boeing.
The company currently supplies high-value components to clients such as GS Precision (Vermont) and RH Aero (Ohio) — each representing long-term, high-ARR relationships.
“We believe in working with fewer, but more strategic customers,” said CEO Vishal Sanghavi. “It’s about building meaningful, scalable relationships.”
Impressive growth and operational milestones
Since its $2.75 million seed round in early 2024, Jeh Aerospace has delivered over 100,000 flight-critical parts and tools, and scaled production capacity to 250,000+ machine hours annually. It ended the last fiscal year with $6 million in annual recurring revenue (ARR) and was profitable after tax.
Looking ahead, the startup projects a 3x–4x increase in ARR and currently holds an order book worth $100 million.
India as a Global Aerospace Manufacturing Hub
Jeh Aerospace plans to use its new capital to adopt next-generation digital manufacturing technologies and expand its inspection capabilities. Its long-term vision aligns with India’s ambitions to become a global center for aerospace production — similar to its rise in iPhone manufacturing.
Today, Airbus sources $1.4 billion worth of components annually from India, with plans to increase that to $2 billion by 2030. Boeing aims for $1.3 billion in annual sourcing and recently announced a $200 million investment in an R&D center in Bengaluru.
Despite this progress, India still lacks a large-scale aerospace component manufacturing industry — a gap Jeh Aerospace is determined to fill.
