Upadhyay aligns with Govt’s vision of exporting defence technology
Lord’s Mark Industries, a diversified business group from Mumbai, has invested Rs.50 crores on R&D centre and export-oriented defence manufacturing facility in Mhape in partnership with Israel’s MC Tech and Devtac of Japan.
The products manufactured by Brahamastra Defense Techno Products Limited will be of the highest global standards and specifications and will be manufactured in India at reasonable production and development costs.
The defence company has already partnered with Israel-based MC Tech and Japan-based Devtac.
The company aims to provide high-quality defence products to the Indian Army, Airforce, Navy, Coast Guard, Police, BSF and other security services, both in India and around the world.
The 25,000 sq. ft. facility 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.
Anil Kakodkar, former Chairman of the Atomic Energy Commission of India and a 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.
“As one of the few company that assembles and installs an anti-drone system, we are confident that our surveillance product line is superior in all parameters,” Sachidanand Upadhyay, Founder, Lord’s Mark Industries, said on 19 Oct 2022.
Commenting on the new manufacturing unit with capacity of generate revenue of Rs.200 crore, he added, “We are aligning our vision with the government’s vision of developing and exporting defence technology and products.
“This is our modest contribution to making India atmanirbhar by understanding and implementing technological advancements in defence production.”
Promoted by Lord’s Mark Industries Ltd and RRP S4E Innovation Pvt Ltd, Brahamastra Defense Techno Products is an R&D-based defence manufacturing company, established to promote Make in India defence products with a global vision. The company also plans to hire up to 200 people.
Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationery and copier paper and slowly diversified to other segments viz; Renewable Energy, Electric Vehicles, Diagnostics and Hygiene, products. Growth through diversification has been the cornerstone of success at Lord’s. fiinews.com