Tuesday, 1 July 2014

Rane Group to bank on local push in defence sector

SOURCE: ECONOMIC TIMES Buoyed by the Centre’s thrust on domestic manufacturing of defence products, Rane Group plans to aggressively expand into the sector through acquisitions and by raising its stake in a maker of high quality wires for aircraft and tanks. The Chennai-based company, which gets almost all its revenue from the sale of auto […]



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