Manufacturing Unicorn based in Bangalore typesetting Has acquired three companies for Rs 100 crore to strengthen its industrial vertical in oil and gas, aerospace. Defenseand infrastructure components segment, the company said on Thursday.

the company acquired Pinaka Aerospace Acquired a majority stake in Solutions for Aerospace and Defense Manufacturing Capabilities sharptank To increase Zetwerk’s exposure in the oil and gas industry, and bought a 100% stake in the Wardha manufacturing unit.

To tap a $1.5 billion market, including the manufacture of critical fabricated parts for power, roads and railways.

“Zetwerk and Pinaka have a history of working together. We are confident that our combined capabilities will help shape the aerospace and defense industry as we drive back demand from global original equipment manufacturers (OEMs) to Indian manufacturing, Zetwerk Manufacturing Businesses Co-Founder and CEO Amrit Acharya said.

“As we scale and expand further, we add more home manufacturing companies to our portfolio.”

The company provides communication solutions to Indian defense units, government research facilities such as Defense Research and Development Organization (DRDO) and Indian Space Research Organization (ISRO), apart from enterprise customers such as Carlisle, Tata, AVTEC,

And, among others.

Zetwerk has acquired a majority stake in SharpTanks in a mix of equity and cash. SharpTanks brings in the design, fabrication, commissioning of equipment and structural operations to serve customers in the oil and gas, petrochemical, fertilizer and chemical industries.

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Acharya said that with these acquisitions, Zetwerk will become one of seven companies in India operating in this area.

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