19 October 2022
Mumbai (Maharashtra) [India], October 19 (ANI/NewsVoir): Lord’s Mark Industries, a diversified business group, forays into defence manufacturing by launching Brahamastra Defense Techno Products Limited. Anil Kakodkar, former Chairman of the Atomic Energy Commission of India, former secretary to the Government of India, has consented as the key member of the advisory board to provide strategic guidance to build defence technology for the new venture.
The Mumbai-based business group invested 50 crores for R&D and to set up the 25,000 sq. ft. defence manufacturing facility in Mhape. The unit has the production capacity to generate an annual revenue of appx. Rs. 200 crores initially. The company will produce a variety of Reflex Sights (Holographic Sights), Thermal Imaging Sights, Telescopic Sights, Surveillance Systems (HHTIs and other day/night uncooled cameras), and Anti-Drone Systems. The newly launched company aims to become a prominent exporter in the defence market.
Mumbai (Maharashtra) [India], October 19 (ANI/NewsVoir): Lord’s Mark Industries, a diversified business group, forays into defence manufacturing by launching Brahamastra Defense Techno Products Limited. Anil Kakodkar, former Chairman of the Atomic Energy Commission of India, former secretary to the Government of India, has consented as the key member of the advisory board to provide strategic guidance to build defence technology for the new venture.
The Mumbai-based business group invested 50 crores for R&D and to set up the 25,000 sq. ft. defence manufacturing facility in Mhape. The unit has the production capacity to generate an annual revenue of appx. Rs. 200 crores initially. The company will produce a variety of Reflex Sights (Holographic Sights), Thermal Imaging Sights, Telescopic Sights, Surveillance Systems (HHTIs and other day/night uncooled cameras), and Anti-Drone Systems. The newly launched company aims to become a prominent exporter in the defence market.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.