Apollo Micro Systems has approved a capital expenditure expansion programme worth Rs. 300 crore to scale its manufacturing capabilities.

The investment will be directed towards advanced defence electronics, avionics, and mission-critical systems.

The expansion comes amid rising defence procurement and indigenisation initiatives in India.

The company aims to enhance production capacity and improve execution timelines for large defence orders.

The move supports Apollo Micro Systems’ long-term growth in the aerospace and defence sector.

The capex programme will be funded through a mix of internal accruals and financial instruments.

The expansion is expected to strengthen the company’s order book execution over the medium term.