Partnership10 Oct 2025, 01:59 pm
Rose Merc Ltd Partners with Thrust Aircraft to Fuel Indigenous Aerospace Growth
AI Summary
Rose Merc Limited (RML) has signed a Memorandum of Understanding (MOU) with Thrust Aircraft Private Limited (TAPL) to support TAPL's expansion. RML will leverage its extensive investor network, including Capital Square Advisors Pvt Ltd, to assist TAPL in fundraising, valuation, and strategic positioning. The partnership aims to enhance regional connectivity and promote Make in India initiative. RML may invest up to 220 Crore in TAPL's equity round.
Key Highlights
- Rose Merc Limited (RML) and Thrust Aircraft Private Limited (TAPL) sign a Memorandum of Understanding (MOU) for strategic collaboration.
- RML to assist TAPL in fundraising, valuation, and strategic positioning, leveraging its extensive investor network.
- The partnership aims to enhance regional connectivity and promote Make in India initiative.
- RML may invest up to 220 Crore in TAPL's equity round.
- The collaboration is expected to boost regional connectivity across over 400 Indian airstrips and advance self-reliant aviation technologies.