Growth Capital Injection
Singularity AMC, a growth-equity investment platform, announced its investment in Lohia Aerospace Systems Private Limited. The funding round aims to propel Lohia Aerospace's growth as a key player in the advanced materials and composites sector serving the global aerospace and defense markets.
Strategic Focus on Composites
Lohia Aerospace, founded by the Lohia family in 2021, specializes in designing and manufacturing complex composite components, assemblies, and aerostructures for aircraft, unmanned aerial vehicles (UAVs), and next-generation defense platforms. The company operates vertically integrated facilities with robust engineering and production capabilities, catering to original equipment manufacturers worldwide.
'Aatmanirbhar Bharat' Boost
Anurag Lohia, Managing Director of Lohia Aerospace, stated the partnership with Singularity AMC is pivotal for strengthening its global position and building a world-class composites platform from India. This aligns with the national objective of 'Aatmanirbhar Bharat,' or self-reliant India, by enhancing domestic manufacturing prowess.
Sandeep Bapat, Co-CIO at Singularity AMC, expressed confidence in Lohia Aerospace's manufacturing facilities and quality standards. The investment is expected to support the company in meeting the increasing global demand for high-performance composite materials and systems within the aerospace supply chain. Pratik Agarwal, Principal at Singularity AMC, echoed this sentiment, noting Lohia Aerospace's strong execution record in exports and its established capabilities in the critical domain of composite materials.