MIC Electronics Limited has strengthened its focus on the defence and aerospace ecosystem with the establishment of its wholly-owned subsidiary, MIC Defence Systems Private Limited.
MIC Defence Systems has been established with a broad focus on defence electronics and defence systems, aerospace, homeland security, unmanned systems, communication systems and surveillance solutions. Its scope also encompasses emerging and technology-intensive areas including electronic warfare, artificial intelligence-based defence technologies and cybersecurity solutions, along with other allied products and services.
The new entity provides MIC Electronics with a dedicated platform to focus on opportunities across the evolving defence technology landscape, covering both established defence electronics applications and emerging technology domains.
Commenting on the development, Mr. Rakshit Mathur, CEO of MIC Electronics Limited, said: “The establishment of MIC Defence Systems Private Limited marks an important step in strengthening our focus on the defence and aerospace ecosystem. The growing convergence of electronics, unmanned systems, artificial intelligence, surveillance, cybersecurity and other advanced technologies is creating new opportunities across the sector. Through the new entity, we look forward to building our focus across these technology-led areas and contributing to the evolving defence technology landscape.”MIC Defence Systems Private Limited is a wholly-owned subsidiary of MIC Electronics Limited, with 100% shareholding held by the company.
