Sanlayan Technologies acquires stake in Versabyte, boosting defense tech.
Sanlayan Technologies has acquired a strategic stake in Versabyte Data Systems, a Hyderabad-based leader in defence-grade power electronics, marking a major step in boosting India’s indigenous defence technology capabilities. Founded in 1987, Versabyte supplies critical power systems to key Indian defence entities such as HAL, BEL, BDL, and DRDO. This acquisition integrates Versabyte’s high-reliability power electronics with Sanlayan’s growing portfolio in radar and electronic warfare systems, aiming to accelerate joint product development, market expansion, and participation in strategic defence tenders. For FY25, Versabyte reported revenues of ₹67 crore with a net profit of ₹16.5 crore and holds an order book exceeding ₹210 crore. Both companies will continue operating independently under Sanlayan’s umbrella, with plans to scale power solutions for advanced platforms including radar, unmanned systems, and directed energy weapons. This partnership aligns with India’s push for self-reliance in defence production, targeting a ₹3 lakh crore domestic market and ₹50,000 crore export goal by 2029, thereby reinforcing the nation’s defence ecosystem and reducing import dependence. Sanlayan, backed by substantial funding, is also expanding its in-house R&D team focused on next-gen defence technologies.
