Indian startup Jeh Aerospace is making waves in the commercial aircraft sector with its innovative approach to scaling production and easing global supply chain bottlenecks. Founded by Vishal Sanghavi and Venkatesh Mudragalla, both former Tata Group executives with extensive experience in the aerospace industry, Jeh Aerospace is on a mission to revolutionize the manufacturing of metallic components for aero engines and aerostructures.
With $11 million in Series A funding, Jeh Aerospace is leveraging cutting-edge technology to streamline production processes and meet the growing demand from U.S.-based Tier 1 suppliers that work with industry giants like Airbus and Boeing. The startup aims to position India as a key player in the aerospace component manufacturing industry, building on the founders’ experience of unlocking India’s potential for major OEMs during their tenure at Tata Group.
Headquartered in Atlanta, Jeh Aerospace operates a state-of-the-art 60,000-square-foot manufacturing facility in Hyderabad, India. By incorporating precision machinery, robotics, and IoT devices, the startup has significantly reduced product introduction lead times from 15 weeks to just 15 days. This software-defined manufacturing approach ensures predictability and dynamic scheduling, enabling Jeh Aerospace to provide a consistent supply of high-quality components to its customers.
The recent Series A funding round, led by Elevation Capital and General Catalyst, underscores the industry’s confidence in Jeh Aerospace’s disruptive manufacturing model. The startup has also secured strategic investments from IndiGo Ventures, signaling its potential to transform the aerospace supply chain landscape.
As global air traffic demand continues to soar, airlines are expanding their fleets, leading to production bottlenecks in the commercial aircraft sector. Jeh Aerospace’s founders believe that their technology-driven approach can address these challenges by scaling production and meeting the industry’s growing needs. By focusing on Tier 1 and Tier 2 manufacturers, the startup aims to establish long-term partnerships with key industry players and drive sustainable growth.
Jeh Aerospace’s impressive progress includes delivering over 100,000 flight-critical components and tools on time since its inception. The startup has achieved profitability and reached $6 million in annualized recurring revenue, showcasing its ability to deliver results in a competitive market.
With a dedicated team of industry experts and a commitment to innovation, Jeh Aerospace is poised to make a significant impact on the aerospace manufacturing landscape. By leveraging technology and strategic partnerships, the startup is paving the way for India to become a leading destination for aerospace component manufacturing, driving growth and innovation in the sector. Jeh Aerospace, a prominent player in the aerospace manufacturing sector, is poised for significant growth this year. According to Sanghavi, the company expects a substantial 3x to 4x increase in its Annual Recurring Revenue (ARR) and currently boasts an impressive order book worth $100 million.
The company recently secured $11 million in capital, which will be utilized to enhance its manufacturing and inspection capabilities. By investing in cutting-edge digital production technologies, Jeh Aerospace aims to scale its operations and solidify its position in the market.
The co-founders of Jeh Aerospace see a promising opportunity to promote local manufacturing in India and bolster the country’s standing in the global aerospace industry. Drawing parallels to India’s success as a manufacturing hub for iPhones, they envision a similar trajectory for the aerospace sector.
India has been steadily making strides in aerospace manufacturing, with key players like Airbus and Boeing increasing their sourcing activities in the country. Airbus currently procures $1.4 billion worth of components annually from India, with plans to reach $2 billion by 2030. Similarly, Boeing aims for a $1.3 billion annual spend and has announced significant investments in engineering and technology centers in India.
Despite the growing presence of aerospace manufacturing in India, there remains a gap in achieving substantial success in component manufacturing on a large scale. Companies like Jeh Aerospace are aiming to bridge this divide and carve out a niche in the market.
While the Indian aerospace manufacturing landscape is relatively nascent, there are other players like JJG Aero operating in the sector. Sanghavi refrained from commenting directly on JJG but highlighted that Jeh Aerospace views its primary competition among U.S.-based tier-2 suppliers.
With a strong focus on innovation, technology, and a commitment to advancing India’s aerospace manufacturing capabilities, Jeh Aerospace is poised to make significant strides in the industry. As the company gears up for accelerated growth and expansion, it remains at the forefront of shaping India’s aerospace manufacturing landscape.