Premji Invest Backs Defence and Aerospace Deeptech Firms
Premji Invest is increasing its investments in defence and aerospace manufacturing by backing Bengaluru-based Sanlayan Technologies and Hical Technologies. It plans to lead $30-40 million funding rounds in both companies, with Sanlayan valued around $200 million. Hical is expanding into precision defence manufacturing. Premji Invest has also invested Rs 300 crore in Bharat Forge's JS Auto Cast, supporting India's push to reduce defence imports.
ET Tech··Bengaluru


