IZMO Limited has informed the Exchange regarding a press release dated March 09, 2026, titled "izmoMicro Advances into India s Defence Sector withAdvanced Semiconductor Packaging".
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IZMO Limited's subsidiary izmomicro (izmo Microsystems Pvt. Ltd.) has announced its entry into India's defence electronics sector, engaging with leading defence organizations, DRDO labs, defence PSUs, and private defence primes as an advanced packaging partner. The subsidiary will serve mission-critical areas including radar and sensing systems, RF and microwave assemblies for electronic warfare, airborne electronics for fighter aircraft and unmanned platforms, and precision guidance systems. The move is backed by strong policy tailwinds: India's defence budget has hit a record ₹7.85 lakh crore in FY2026-27, with 75% of capital acquisition spending now mandated for Indian companies under the Atmanirbhar Bharat initiative. The India Semiconductor Mission, with a ₹76,000 crore outlay, has approved 10 projects totalling ~₹1.60 lakh crore across six states. izmomicro claims to be the only Indian company with demonstrated capability across silicon photonics, 3D System-in-Package architectures, and defence-grade hermetic ceramic packaging, built over nearly two decades.
This opens a significant new high-value business vertical for IZMO Limited, aligning it with India's structural defence indigenization push and record defence spending. For shareholders, it signals potential new revenue streams and long-term growth, though actual contracts, order book impact, and timelines are yet to be disclosed.