Magellanic Cloud and Rayonix Tech have formed a Rs 100-crore joint venture to manufacture drones in India, partnering with Israel’s Xtend. The project is designed to address rising demand for advanced unmanned aerial vehicles, with drone sets expected within four to six months. Backed by Israeli collaboration, the initiative could strengthen India’s defence readiness.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
