Poonawalla Group Invests in Optimized Solutions Defence Technology

Yohan and Michelle Poonawalla have invested in a company called Optimized Solutions.

The company works on defence, electronics, space and other advanced technologies.

This investment is the Poonawalla Group’s first stated move into the defence technology sector.

Optimized Solutions wants to build complete satellite platforms in India.

It also plans to increase its research and development work.

The company says the new investors can help it grow.

India is making more defence equipment at home and selling more of it to other countries.

The investment is intended to help build advanced technologies in India.