India, March 26 -- HFCL Limited (HFCL) has announced a strategic expansion and consolidation of its defence business, aimed at creating a scalable platform for long-term growth in aerostructures, aeronautics and defence manufacturing.
The initiative brings together capabilities across aerostructures, aeronautics, radar systems and advanced thermal weapon sight (TWS) solutions under a unified structure. The move is intended to strengthen HFCL's position within India's evolving defence ecosystem. The company has also reported a confirmed export order book of approximately Rs 1,570 crore.
HFCL will execute this consolidation through its subsidiary, HFCL Advance Systems Private Limited (HASPL), which will serve as the primary vehicle for it...
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