TIL Ltd. to Reassess Defense Capacity as Volumes Grow

TIL Ltd, a company that makes material handling equipment, is expanding into defense.

They've created a special team (SBU) to focus on making things for the military like missile launchers and bridges.

They've been in the defense business for a long time.

They're not planning a new factory right away but will use their existing ones.

As they get more orders, they'll decide if they need a new factory.

Their defense work has grown a lot, and they expect it to keep growing.

The company's revenue grew significantly last year.