New Delhi: Dr. Uday Narang, Founder of Omega Seiki Mobility and promoter of OBSC Perfection Limited, has acquired a strategic 10% stake in Prime Industries Limited following the company’s ₹11.86 crore fundraise through a preferential issue, bringing renewed attention to its plans in specialised engineering and advanced manufacturing.
The announcement also gained traction on social media, with the hashtag #UdayNarangAndPrimeIndustries reaching the No. 1 position in the Business & Finance category on X in India, according to the information released alongside the investment announcement.
The transaction brings together Prime Industries’ growing focus on specialised engineering and technology-led businesses with Narang’s experience in precision engineering, advanced manufacturing and industrial technologies.
The investment comes as Indian companies increasingly look towards technologically demanding sectors such as nuclear energy, defence, aerospace, precision engineering and specialised manufacturing — areas where scale alone is rarely enough and engineering capability tends to do the heavier lifting.
Nuclear Energy Emerging as an Industrial Opportunity
The association comes amid increasing attention on India’s nuclear-energy ambitions and the broader industrial ecosystem required to support them.
Beyond electricity generation, expansion in nuclear energy can create demand for precision components, specialised equipment, advanced manufacturing processes and engineering expertise capable of meeting demanding technical requirements.
Commenting on the opportunity, Dr. Narang said:
“India’s nuclear energy ambitions are not only about generating reliable power; they also require a strong domestic ecosystem of precision engineering, specialised manufacturing and advanced technologies. I see an important opportunity to contribute to this ecosystem and help build high-value industrial capabilities for India.”
— Dr. Uday Narang
Narang brings experience across machining, forging, casting, fabrication and assembly, with exposure to specialised engineering and manufacturing applications.
His association with Prime Industries is expected to complement the company’s focus on high-value industrial opportunities as it develops its presence across engineering and technology-led businesses.
Focus Shifts From Manufacturing Scale to Capability
The investment also reflects a wider shift in India’s manufacturing conversation. While production volumes and factory capacity remain important, policymakers and businesses are increasingly focusing on the ability to design, engineer and manufacture sophisticated products domestically.
Defence, aerospace and nuclear industries are particularly demanding because suppliers must typically work with specialised materials, tight tolerances, complex engineering standards and stringent quality requirements.
“The next phase of Indian manufacturing will be defined not only by how much we produce, but by what we are capable of designing, engineering and manufacturing ourselves. Nuclear, defence and aerospace represent some of the most demanding engineering environments, and building capabilities in these sectors can strengthen India’s industrial ecosystem.”
— Dr. Uday Narang
The development has also brought fresh attention to Narang’s broader industrial activities spanning mobility, precision engineering and advanced manufacturing.
About Prime Industries Limited
Prime Industries Limited is developing its presence across specialised engineering, advanced manufacturing and technology-led businesses. Its strategic interests include defence, nuclear, aerospace, capital goods, specialised machinery and emerging technologies.
For Prime Industries, the ₹11.86 crore fundraising and Narang’s 10% strategic investment add both capital and industrial expertise as the company explores opportunities in sectors where technological capability, rather than manufacturing volume alone, is likely to determine long-term competitiveness.
The transaction also illustrates a broader trend in Indian manufacturing: investment is increasingly moving towards industries requiring deeper engineering expertise and domestic technological capabilities. How successfully companies convert that capital into commercially viable manufacturing capacity will ultimately determine whether the current interest translates into a durable industrial presence.
