InCred Alternative invests $19 mn in defence, aerospace player VEM Technologies
The investment reflects the PE firm's conviction in India's rapidly evolving defence manufacturing ecosystem, the statement said. "India's defence and aerospace sector presents a compelling long-term investment opportunity, supported by structural policy reforms, increasing localisation, and rising focus on indigenous manufacturing capabilities. VEM Technologies stands out for its strong technological expertise, execution track record, and strategic positioning within India's evolving…
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