Mumbai, May 6 -- Paras Defence and Space Technologies Ltd, a leading Indian defence engineering company has announced a strategic joint venture with HevenDrones Israel, an independent subsidiary of Heven.

The 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.

This collaboration marks a significant milestone in our roadmap as we work to ensure an allied global business footprint," said Heven CEO Bentzion Levinson.

"Paras Defence brings unmatched engineering capabilities, manufacturing infrastructure and deep knowledge of India's defence ecosystem. Together, we are contributing ...