ChrysCapital has acquired NASH Industries (I) Pvt. Ltd. for an undisclosed amount, marking a significant corporate acquisition in the Indian manufacturing sector. NASH Industries, established in 1971, is a prominent Indian company with a reported turnover exceeding ₹2100 crore, operating 11 major manufacturing facilities across Bengaluru, Pune, and Chennai.
NASH Industries serves as a trusted partner to over 15 Fortune 500 companies, providing precision parts and large assemblies across diverse sectors including automotive, renewable energy, banking, aerospace, healthcare, and defense. A key component of NASH is NASH Tech Labs (NTL), founded in 2016 as its R&D division. NTL has evolved into a leading Original Design Manufacturer (ODM) and solutions provider, supported by a team of over 150 design engineers and sales offices in the US, Europe, and Japan. NTL offers end-to-end product lifecycle capabilities, including box build, Electronics Manufacturing Services (EMS), and turnkey solutions for sectors such as automotive, banking, gaming, and Industrial IoT.
This acquisition by ChrysCapital is strategically aimed at leveraging NASH Industries' robust manufacturing infrastructure and its deep relationships with global clients. The integration of NTL's advanced design, engineering, and manufacturing capabilities in electronics is expected to provide substantial growth opportunities. ChrysCapital's investment is anticipated to accelerate NASH's expansion, enhance its technological offerings, and strengthen its market position across its varied industrial and technology segments.
The combined entity is poised to capitalize on the growing demand for diversified manufacturing and sophisticated electronics solutions. This move is expected to drive further innovation and operational efficiencies, positioning the integrated business for sustained growth in both domestic and international markets.
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