Dynalog India plans ₹70-crore capex

Dynalog India, an MSME into defence electronics and industrial automation, has announced plans to invest ₹70 crore to set up a new manufacturing base in Pune and to enhance design capabilities to leverage India’s push for indigenous technology. 

“We have plans to invest ₹70 crore in a 4–5 acres integrated facility in Pune,” said Akshay Adhalrao, Managing Director, Dynalog India Ltd.

This will be the company’s second base in Pune. To match the scale expectations of large defence buyers, Dynalog had moved core operations to a 35,000-square-foot facility in Pune while retaining its Mumbai base. 

“From missile subsystems and naval torpedo control systems to reliable computing and connectivity products for power automation, we are positioning ourselves as a scaled, homegrown alternative to foreign suppliers and PSU-dominated defence programmes,” he said.

For decades, Dynalog has been operating as part of the invisible backbone of India’s military-industrial ecosystem and even contributed to the BrahMos and Akash missile programmes and recently delivered indigenous torpedo fire-control systems that replaced imported hardware after rigorous third-party certification.

Its latest flagship success is an automated trenching and mine-laying system for border defence, developed with a DRDO lab from a sketchy prototype in 2014 to a major production order in 2024, the MD said.

“On the frontline, where soldiers once hammered wooden pickets into frozen or rocky soil, Dynalog’s mechanised solution now allows two operators to execute the same task from within the safety of an armoured vehicle,” he said. 

“A second phase — fully automated mine-laying — has already been commissioned and is slated for deployment with the armed forces, signalling our shift from component supplier to complete-systems partner,” he added. 

The company employs around 180 people and serves Bharat Electronics, Godrej & Boyce, L&T, ABB, Schneider and Reliance JioBP across defence, industrial automation, oil and gas, power and factory automation. 

Defence accounts for roughly 40% of projected FY26 revenue, with the remaining 60% to come from non-defence verticals, including participation in the Kavach railway signalling programme via electronics support to lead integrators.

The company is working towards another fund raise while scouting for acquisitions and global partnerships in power systems, drones and cybersecurity-compliant networking products.