The Lohia Group marked its entry into the Aerospace and Defence sector with the acquisition of Israel-based Light & Strong Limited.
Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.
The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.