The Lohia Group has invested nearly Rs 100 crore in a greenfield aerospace and defence hardware plant in Kanpur, Uttar Pradesh. The Group expects commercial production to begin from March 2020.
The company will produce composite parts for aerospace and defence manufacturers at its plant, which is spread over 10 acre of land in Kanpur industrial area.
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.
The company has already inked an offset memorandum of understanding (MoU) with Israel-based company for sourcing of structural parts and components for Unmanned Aerial Vehicles (UAV) and cargo aircraft. It is also in advanced talks with a European firm for supplying military-grade carbon composites.
Lohia Group is currently manufacturing components and hardware for display at the Defence Expo (DefExpo) in Lucknow in February 2020.