Lohia Group enters defense sector with Israel-based Light & Strong Ltd. acquisition
Lohia Group aims to provide advanced technologies for Aerospace and Defense composites domain.
Lohia Group (Kanpur, India) has announced its acquisition of Light & Strong Ltd. (Gedera, Israel), a company specializing in aerospace and military carbon fiber and glass fiber composite components production. The move is inspired by success of private sector companies in the defense and aerospace sector under the Make in India initiative.
Lohia Group reportedly plans to leverage Light & Strong’s existing client base, which includes the Israeli Ministry of Defense among others, to build its own presence in the sector.
“With our belief in Make in India, we are committed to supporting our indigenous Aerospace and Defense sector for its requirements of all things composite,” says Anurag Lohia, director, Lohia Group. “Light & Strong will allow us to integrate our manufacturing expertise with cutting edge technology to help make India the exporter of choice for global OEMs.”
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