Page 24 - ENGINEERING REVIEW NOVEMBER 2022_Neat
P. 24

ENGINEERING
           REVIEW                BUSINESS NEWS

           Lord’s Mark Forays into Defence Manufacturing



           Lord’s Mark Industries, a diversified                                 MC Tech and Japan-based Devtac.
           business group, forays into defence                                   The products manufactured will be
           manufacturing by launching Brahamastra                                of the highest global standards and
           Defense Techno Products Limited. iAnil                                specifications and will be manufactured
           Kakodkar, former Chairman of the Atomic                               in India at reasonable production and
           Energy Commission of India, former                                    development costs. The company aims
           secretary to the Government of India,                                 to provide high-quality defence products
           has consented as the key member of                                    to the Indian Army, Airforce, Navy, Coast
           the advisory board to provide strategic                               Guard, Police, BSF, and other security
           guidance to build defence technology for   Sachidanand Upadhyay, Founder, Lord’s   services, both in India and around the
           the new venture.                   Mark Industries, and Anil Kakodkar,   world.
             The Mumbai-based business group   Ex-Chairman of the Atomic Energy    The company is promoted by Lords
           invested Rs.50 crores for R&D and   Commission of India               Mark Industries Ltd. and RRP S4E
           to set up the 25,000 sq. ft. defence   Industries, said, “We are aligning our   Innovation Pvt. Ltd. Brahamastra Defense
           manufacturing facility in Mhape. The   vision with the government’s vision of   Techno Products Limited is an R&D-
           unit has the production capacity to   developing and exporting global defence   based defence manufacturing company,
           generate an annual revenue of approx.   technology and products. We are   established to promote ‘Make in India’
           Rs. 200 crores initially. The company   proud to have established our defence   defence products with a global vision.
           will produce a variety of Reflex Sights   manufacturing unit. This is our modest   The company also plans to hire up to 200
           (Holographic Sights), Thermal Imaging   contribution to making India atmanirbhar   people.
           Sights, Telescopic Sights, Surveillance   by understanding and implementing   Incorporated in 1998, Lord’s Mark
           Systems (HHTIs and other day/night   technological advancements in defence   Industries Private Ltd. (Lord’s) started
           uncooled cameras), and Anti-Drone   production. As one of the few companies   manufacturing computer continuous
           Systems. The newly launched company   that assembles and installs an anti-  stationery and copier paper and slowly
           aims to become a prominent exporter in   drone system, we are confident that our   diversified to other segments viz;
           the defence market.                surveillance product line is superior in all   Renewable Energy, Electric Vehicles,
             Commenting on the new            parameters.”                       Diagnostics and Hygiene, products.
           manufacturing unit,  Sachidanand     The Mumbai-based defence company   Growth through diversification has been
           Upadhyay, Founder, Lord’s Mark     has already partnered with Israel-based   the cornerstone of success at Lord’s.


           Infor Expands India Footprint with New Development

           Campus in Hyderabad


           Infor, the industry cloud   inaugurated by Jayesh Ranjan,   the country that drives key   industries. With this expansion,
           company has announced     Principal Secretary of the   technology innovations to   Infor aims to leverage India’s
           the expansion of its India   Industries & Commerce (I&C)   gain a competitive edge   diverse and skilled talent pool
           operations with the opening   and Information Technology   and market leadership for   to drive digital innovation
           of its new development center   (IT) Departments of the   the global marketplace. This   through expanded teams
           (DC) in Hitech City, Hyderabad,   Telangana Government,   investment will allow Infor   that span various functions,
           The new multi-storey state-  and Kevin Samuelson, Chief   to continue to pioneer digital   including engineering,
           of-the-art development center   Executive Officer of Infor.  technologies such as cloud,   operations, and R&D.
           is spread over 350,000 sq.   Infor’s India DC is among   mobility, data analytics, artificial   “Hyderabad is fast emerg-
           ft. and will have the capacity   the company’s two largest   intelligence, and IoT to deliver   ing as a preferred IT hub for
           for 3,500 employees. The   locations in the world, with   new industry-specific features   technology companies on the
           development center was    over 3,700 employees in   and functions specialized for   backbone of a thriving environ-




          20   |  NOVEMBER 2022
   19   20   21   22   23   24   25   26   27   28   29