Rs 2,855 Crore Order Book: Defence Company Granted Industrial License for Defence and Aerospace Manufacturing
DSIJ Intelligence-2 / 07 Jul 2025/ Categories: Mindshare, Trending
The stock is up over 46 per cent from its 52-week low of Rs 200 per share.
DCX Systems Limited, an AS 9100D Certified company, announced today, July 7, 2025, that it has been granted an Industrial License by the Industrial Licensing Section, Office of the Development Commissioner, Cochin Special Economic Zone (CSEZ), EOU's & SEZ's in Karnataka, under the Ministry of Commerce & Industry, Government of India. This significant approval permits DCX Systems Ltd. to manufacture highly sensitive and classified defence and aerospace items.
The newly acquired license allows DCX Systems Ltd. to engage in the "Production, Assembly and Testing of Radar Systems and EW Systems," and "Integration and Manufacture of Avionics & Defence Electronic Equipment". The manufacturing operations for these items will be located at the Aerospace SEZ Sector, Plot Nos. 29, 30, and 107, Southern Block, Hitech Defence and Aerospace Park, Kavadadasanahalli, Hobli, Devanahalli, Channarayapatna, Bengaluru, Karnataka 562110. This license is valid for a period of 15 years.
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According to the company, this industrial license is crucial as it enables them to manufacture items categorized under "CATEGORY-A" as per the Ministry of Defence (MOD) Security Manual. Products within this category are considered to be of the highest level of security, indicating their highly classified and sensitive nature from a security standpoint.
About the Company
DCX Systems Ltd, established in 2011, is a leading Indian company specialising in system integration, cable and wire harness manufacturing, and kitting. Renowned as a trusted Indian Offset Partner (IOP) for foreign original equipment manufacturers (OEMs), particularly in the aerospace and defence sectors, DCX Systems has forged strong partnerships with companies such as ELTA Systems Limited and Israel Aerospace Industries Limited (IAI Group). With a diverse customer base spanning Israel, the United States, Korea, and India, DCX Systems offers a wide range of products and services to clients in the defence industry, multinational corporations, and startups.
The company has a market cap of Rs 3,252 crore and as of March 31, 2025, has an order book of Rs 2,855 crore. The stock is up over 46 per cent from its 52-week low of Rs 200 per share.
Disclaimer: The article is for informational purposes only and not investment advice.