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The Lohia Group has invested nearly Rs 100 crore in a greenfield aerospace and defence hardware plant in Kanpur.
The Group expects the commercial production to begin from March 2020, company’s director Anurag Lohia told Business Standard today.
“We will produce composite parts for the aerospace and defence manufacturers at our plant, which is spread over about 10 acres of land in Kanpur industrial area,” he informed.
The plant, which is an export-oriented unit, will be positioned to showcase the ‘Make in India’ capabilities of Uttar Pradesh, especially in the defence manufacturing sector.
Lohia has already signed an offset memorandum of understanding (MoU) with
