Lohia Group enters new venture

LUCKNOW: Kanpur based Lohia Group marked its entry into aerospace and defence sector with the acquisition of Israelbased Light & Strong Limited. The group will be part of the UP government’s new defence corridor, bringing in high-end key technologies into aerospace and defence composites domain. “Our acquisition allows us to integrate our manufacturing expertise with cutting edge technology to help make India the exporter of choice for global OEMs,” said group’s director Anurag Lohia.