Carlyle Consortium set to take control of defence parts supplier Micropack

Carlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity entry into the nation's defence technology sector. The investment aims to scale up homegrown manufacturing capabilities and supply chains. Micropack serves key clients like Isro and DRDO with advanced electronic components. India's defence spending continues to rise, boosting indigenous manufacturing and investor interest.

Raccontata daeconomictimes.indiatimes.com