Magellanic Cloud Ltd has partnered with Rayonix Tech and Israel-based XTEND to form a ₹100 crore joint venture for manufacturing UAVs in India. The initiative aims to boost domestic defence capabilities through advanced drone technology and localised production.
The UAE said its air defences intercepted most missiles and drones launched during Iranian attacks amid escalating tensions in West Asia. Authorities reported casualties among foreign nationals and reaffirmed readiness to defend the country against any security threats.
