JM Financial Private Equity (JMFPE) announced on Thursday that it has led a ₹150 crore investment in NG Electro Products Pvt Ltd, a contract manufacturing platform catering to consumer brands in sectors such as home care, beauty, personal care, and nutraceuticals.
This investment aims to support the next phase of growth for NG Electro Products, which includes expanding manufacturing capabilities, boosting investment in research and development, and enhancing its quality and compliance framework, according to a statement from JMFPE.
NG Electro’s product line encompasses a variety of items, including home care products like detergents and cleaning solutions, as well as beauty and personal care items such as skin and hair care formulations, alongside nutraceutical supplements.
Vinit Rai, Managing Director of JMFPE, remarked, “NG Electro has built a credible and differentiated platform in consumer product contract manufacturing, combining deep formulation expertise, robust manufacturing infrastructure, and long-standing customer relationships across brands and retailers.”
He further added, “As consumer companies increasingly shift towards asset-light supply chains, specialised manufacturers like NG Electro are well positioned to capture that transition.”
The announcement was published on April 16, 2026.
