India, July 22 -- India's defence modernisation strategy is increasingly shifting toward autonomous warfare systems, underwater surveillance capabilities, artificial intelligence, and indigenous electronic warfare platforms under the Atmanirbhar Bharat initiative. The Indian Navy's growing focus on anti-submarine warfare and unmanned maritime systems is opening significant opportunities for private defence companies with advanced R&D capabilities.

The Make-II procurement route has emerged as a major catalyst for domestic defence innovation, allowing companies to develop prototypes without government funding while securing potential production opportunities upon successful demonstration.

Shares of Apollo Micro Systems Ltd, with a market ...