Long-duration strategic investment in defence production, national security infrastructure, and dual-use technology platforms — sectors defined by sovereign demand, structural barriers, and compounding returns.
The Defence & Strategic Investment division deploys capital into production, infrastructure, and technology assets that serve national security objectives — an asset class characterised by consistent government procurement, high barriers to entry, and multi-decade demand visibility.
India's defence indigenisation drive under the Defence Acquisition Procedure and expanding FDI limits in defence manufacturing create a structural investment thesis that Smersh Holdings is positioned to capitalise on through early-stage positioning in licensed platforms and dual-use technology companies.
Sovereign procurement contracts provide multi-year revenue visibility. Licencing requirements and capital intensity create near-impenetrable competitive moats. Indigenisation mandates drive domestic supply chain development — rewarding early entrants with scale advantages that compound over decades.
Enquiries by introduction only
Smersh Holdings holds listed equity positions in India's premier state-owned defence enterprises — companies that constitute the backbone of India's sovereign defence industrial base across aerospace, electronics, naval shipbuilding, and missile systems.
Listed equity positions held through the Group's investment fund. Not investment advice. Market data indicative only.
Equity participation in licensed defence production companies. Focus on platforms serving the Ministry of Defence's indigenisation priority list, with particular interest in electronics, optics, and precision engineering sub-systems.
Investment in technology platforms with both commercial and defence applications — communications infrastructure, sensor networks, data analytics, and autonomous systems — that benefit from both civilian and government procurement.
Capital deployment into physical and digital infrastructure supporting national security requirements — perimeter systems, command and control infrastructure, critical facility hardening, and secure communications networks.
Investment in logistics and supply chain infrastructure designated for strategic goods — ensuring the Group participates in the full value chain from raw materials through to end-user delivery under government frameworks.
This division engages by introduction. Contact holdings for qualified introductions.