Mumbai, Feb. 4 -- ChrysCapital has acquired a significant minority stake in Bengaluru-based precision manufacturing solutions provider Nash Industries, top executives told Mint.

"Nash exemplifies the emergence of globally competitive manufacturing from India. Its integrated capabilities across mechanical, electrical, electronics, and design domains position it well to serve next-generation sectors, including high-growth areas such as artificial intelligence and clean energy," said Raghav Ramdev, managing director at ChrysCapital.

The companies did not disclose the transaction details. In September, Mint first reported that a clutch of private equity firms, including ChrysCapital, had expressed interest in acquiring a 25-30% stake in Nas...