Mumbai, Feb. 18 -- The company's wholly owned subsidiary, Raneal Advanced Systems has also set up additional unit under domestic tariff Area (DTA) located in Bengaluru to carry out manufacturing activities in relation to printed circuit board assemblies and electronic sub-assemblies.

The commercial production/operation of both units is expected to commence from March 2025.

Meanwhile, the company has received domestic and export purchase orders from its customers amounting to about Rs 24.51 crore to manufacture and supply of cable and wire harness assemblies.

These includes an order worth Rs 9.33 crore from Bharat Electronics, Rs 5.63 crore from Rafael Advanced Defence Systems, Israel and Rs 5.58 crore from Alpha-Elsec Defence & Aerospa...