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Manufacturing

Fund I

Maini Precision Products

End-to-end solutions provider of precision products and assemblies

WEBSITE: http://www.mainiprecisionproducts.com/

SECTOR: Manufacturing

DATE OF INVESTMENT: August 2016

STATUS: Exited

Maini Precision Products Limited (“MPPL”) is a Bengaluru-based manufacturer and supplier of high-precision engineering components and assemblies catering to the global automotive, industrial and aerospace sectors. Founded in 1973 by the Maini family, MPPL commenced operations as a supplier of auto parts to Bosch and since then, has diversified to supply several other leading automotive OEMs and Tier I component suppliers including Eaton, Magneti Marelli and Volvo. Over time, MPPL developed competencies and qualifications in the aerospace sector and supplies airplane parts to Snecma, GE and Marshall. MPPL has differentiated itself by developing capabilities to manufacture increasingly complex parts and sub-assemblies and has forayed into next-generation components such as GDI (a gasoline direct injection system) pump bodies, AMT (automatic transmission system) parts and LEAP (future generation of engine platform for single aisle aircrafts) engine components.

Case Study