Lohia Group enters the Aerospace and Defence sector Announces the acquisition of Light & Strong Limited (Israel)
New Delhi Feb 11: With the acquisition of Israel-based Light & Strong Limited, the Lohia Group marked its entry into the Aerospace and Defence sector with the . Specializing in aerospace and military carbon fibre and glass fibre composite components production, the firm’s established pedigree in military technology manufacturing is a synergistic fit with Lohia Group’s decades long expertise in large scale manufacturing across sectors.
The acquisition establishes Lohia Group as a key participant in the sector as it leverages Light & Strong’s existing client base, which includes the Israeli Ministry of Defence among others, to build its own presence. The Israeli facility is a well-established aerostructures manufacturer for platforms such as Unmanned Aerial Vehicles (UAVs) and passenger and cargo aircraft. These customers will now be ably supported by Lohia Group with its facilities in Israel and India.
Based in Kanpur, Lohia Group’s India facilities will be part of the Uttar Pradesh government’s new defence corridor, bringing in high-end key technologies into Aerospace and Defence composites domain. Working with the overarching vision of the Government of India’s ‘Skill India’ and ‘Make in India’ initiatives, with this acquisition, Lohia Group will establish India as an exporter of customized composite products to global OEMs. We aim to become a successful vehicle for executing offset obligations of global companies through this endeavor. The Group will also explore other opportunities in the sector which align with our experience and expertise.