Private equity firm, GW Capital, has decided to invest about Rs.50 crore in Gala Precision Technology in a phased manner. The first phase of Rs.15 crore will be utilized for capacity expansion at Gala Precision Technology’s Wada (Mumbai) plant, setting up a manufacturing base in Shanghai and opening marketing offices in Europe and in the US. Gala Precision is a manufacturing of critical engineering components for compressors and automotive applications such as valves and springs.