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DCX Systems
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DCX Systems, primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, commenced operations in 2011.The company is a rapidly growing company in the Indian defense space and has been a preferred Indian Offset Partner for foreign original equipment manufacturers for executing aerospace and defense manufacturing projects.[1]
Background[edit]
DCX is an AS9100-certified company that was started in 2011 to manufacture and supply Cable & Wire Harness Assemblies and System Integration for the Defence & Aerospace Industry primarily as an Indian Offset Partner (IOP). Since it was founded, DCX has emerged as a vertically integrated Defence & Aerospace solutions player with large market potential and endto- end capabilities.[2]
History[edit]
DCX was established by Dr.H.S. Raghavendra Rao, who worked his way up the corporate ladder as a firsttime entrepreneur to build the company. Dr.Rao founded the company jointly with Mr. Neal Jeremy Castleman who serves DCX as its Director currently. Mr. Castleman has over 40 years of experience in the Defence and Aerospace Industry and he is the President and a Founder of DCX-Chol Enterprises in the USA serving the Defence and Aerospace Industries.[2]
Dr. Rao has more than 30 years of experience in the electronics manufacturing sector of the Defence and Aerospace industry. He was born in 1969 to an agriculturalist family from the village "Hosakote" near Nanjangud Taluk, Mysuru. Dr. Rao has been conferred with an honorary Doctorate in Business Management from the International Peace University, Germany. He also received many accolades including, The Mahatma Gandhi Samman Award, Young Entrepreneur of the Year Award, Indo-Nepal Ratan Award and Business Leadership Award.[2]
Products[edit]
DCX Systems Ltd. announced a joint venture agreement with ELTA Systems Ltd to develop, produce and distribute obstacle detection solutions, globally, based on radar and optics technology for the railway industry.[3]
DCX system's subsidiary Raneal Advanced Systems had received ‘all necessary approvals’ for the production of printed circuit board assembly (PCBA).[4]
Revenue[edit]
It has also recorded constant revenue growth, as its sales rose from US $46 million to US $146 million between 2019-2022.[2]
References[edit]
- ↑ https://www.fortuneindia.com/investing/dcx-systems-500-cr-ipo-to-open-next-week-all-you-need-to-know/110158
- ↑ 2.0 2.1 2.2 2.3 https://www.entrepreneur.com/en-in/technology/dcx-systems-building-indias-aerospace-defence-giant-for/452490
- ↑ https://www.bqprime.com/business/dcx-systems-shares-hit-record-high-on-joint-venture-with-elta-systems
- ↑ https://www.moneycontrol.com/news/business/stocks/dcx-systems-stock-gains-after-subsidiary-gets-approval-to-make-printed-circuit-board-assemblies-11423101.html
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