Lohia Group acquires Light & Strong Limited, plans defence facility in India

The Lohia Group has acquired Israeli composite manufacturer Light & Strong Limited and plans to set up a new composite facility in the Uttar Pradesh Defence Corridor to produce aero structures for UAVs, fighter jets, and commercial aircraft.

“We wanted to diversify and the defence and aerospace sector is still growing.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comdefence Sector: Lohia Group forays into defence sectorManu PubbyFeb 11, 2019

Summarized from public sources; check the original articles before acting on it.