Piramal Alternatives invests Rs 125 cr in JRG Automotive Industries

Business To Business, New Delhi, 07^th July, 2026:    Piramal Alternatives on Tuesday announced an investment of ₹125 crore in JRG Automotive Industries to support the auto component manufacturer's expansion plans, enhance production capacity and diversify its product portfolio.
The investment has been made through Piramal Alternatives' India Credit Opportunities Fund II (PCF II), reinforcing the firm's focus on supporting high-growth manufacturing businesses through flexible credit solutions.
According to a company release, the capital infusion will be utilised to expand manufacturing capacity and fund strategic growth initiatives, including broadening JRG Automotive's product offerings to cater to evolving customer requirements and emerging opportunities in the automotive sector.
The funding is also expected to strengthen the company's operational capabilities and position it to meet rising demand from original equipment manufacturers (OEMs) in both domestic and international markets.
"This funding will accelerate our growth, both organically and through strategic acquisitions, as we build a world-class auto components supply chain to meet rising global demand and better serve our OEM partners," said Pawan Goyal, Managing Director of JRG Automotive Industries India Pvt. Ltd.
The investment underscores growing investor confidence in India's automotive component industry, which is benefiting from increasing vehicle production, expanding export opportunities and the global shift towards diversified manufacturing supply chains.
With the fresh capital, JRG Automotive aims to strengthen its market position, enhance product innovation and pursue inorganic growth opportunities, while expanding its footprint in the global automotive components market.