Private equity firm ChrysCapital has acquired a minority stake in Nash Industries, a Bengaluru-based design and manufacturing solutions company, marking a significant investment in India’s fast-evolving manufacturing sector. While the financial details of the transaction were not officially disclosed, sources indicate the deal values Nash Industries at around ₹6,000 crore, with ChrysCapital picking up an estimated stake of about 30 per cent.
Founded more than five decades ago, Nash Industries has transformed from a sheet-metal components maker into a full-stack, design-led manufacturing platform. The company offers integrated mechanical, electrical, and electronics manufacturing services, including end-to-end “box-build” solutions. It caters to a wide range of industries such as data centres, banking hardware, clean energy, automotive, and industrial equipment.
Nash currently operates around 15 manufacturing facilities across South and West India and serves both domestic and international clients. Over the years, the company has focused on higher-value engineering and design capabilities, enabling it to move up the manufacturing value chain and become a preferred partner for global customers.
ChrysCapital’s investment comes at a time when Indian manufacturing is gaining momentum due to shifting global supply chains, increasing focus on China-plus-one strategies, and strong policy support through initiatives such as “Make in India.” The partnership is expected to help Nash accelerate capacity expansion, invest in advanced technologies, and strengthen its presence in export markets.
Commenting on the development, Nash Industries Chairman Sanjay Wadhwa said the investment validates the company’s long-term strategy and will support its next phase of growth. He added that the partnership would enhance Nash’s ability to deliver innovative, high-quality solutions to customers across sectors.
From ChrysCapital’s perspective, the firm sees Nash as well-positioned to benefit from growth in emerging areas such as data centres, artificial intelligence-led infrastructure, and energy transition-related manufacturing. The private equity firm has a strong track record of backing Indian companies in sectors with long-term structural tailwinds.
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