MIC Electronics Limited has established a wholly-owned subsidiary, MIC Defence Systems Private Limited, to expand its presence in the defence and aerospace sector. The new subsidiary will focus on defence electronics and defence systems, aerospace applications, homeland security, unmanned systems, communication systems and surveillance solutions. Its scope will also include emerging technology areas such as electronic warfare, artificial intelligence-based defence technologies and cybersecurity solutions.
MIC Defence Systems has been created as a dedicated platform for the company to pursue opportunities across the defence technology ecosystem. The subsidiary will cover established defence electronics applications as well as newer technology areas that are becoming increasingly important to military and security operations. The company said the formation of the subsidiary will allow it to build a focused business around technologies that combine electronics, communications, surveillance, unmanned systems and software-driven capabilities.
Commenting on the development, Rakshit Mathur, CEO, 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.”
The subsidiary will operate across a range of applications that require advanced electronics and integrated technology solutions. Defence electronics, surveillance and communication systems are increasingly being combined with unmanned platforms, artificial intelligence and cybersecurity capabilities to support modern defence requirements.
The establishment of MIC Defence Systems also provides MIC Electronics with a separate corporate structure to develop its activities in the sector and pursue potential business opportunities in India and other markets. MIC Defence Systems Private Limited is a 100% subsidiary of MIC Electronics Limited, with the entire shareholding held by the parent company.
MIC Electronics Limited has been expanding its technology and systems capabilities, and the new subsidiary adds a dedicated focus on defence and aerospace to its business activities. The company said the new entity will explore opportunities across defence electronics, aerospace, homeland security, unmanned systems and other related technology segments.
With defence technology undergoing rapid development, areas such as electronic warfare, artificial intelligence, unmanned systems, surveillance and cybersecurity are becoming important components of modern defence infrastructure. MIC Electronics expects the new subsidiary to provide a focused platform for participating in these areas and developing solutions aligned with evolving requirements.