Mumbai, May 6 -- The joint venture (JV) will establish a new entity in India to design, manufacture, and supply next-generation drone systems tailored for India's defence and homeland security landscape, with long-term plans to address global markets.
The JV combines Paras Defence's engineering and manufacturing ecosystem with HevenDrones' proprietary platforms. It will serve as the exclusive vehicle for bringing this revolutionary hydrogen-powered drone technology to India for the first time.
This partnership positions the JV among the first in the country to offer ready-to-fly, proven hydrogen-powered drones with enhanced flight endurance and modular payload capabilities-designed, manufactured, and deployed from Indian soil. The JV will...