Paras Defence and Space Technologies have announced a strategic joint venture with Israel's HevenDrones to develop hydrogen-powered drones in India for defense and homeland security purposes. The collaboration aims to leverage Paras Defence's engineering and manufacturing capabilities along with HevenDrones' autonomous drone technology to create mission-specific unmanned aerial systems tailored to India's military and security requirements. The partnership will introduce HevenDrones' hydrogen-powered drones, known for their extended flight endurance and modular payload flexibility, to the Indian market. The joint venture will initially focus on addressing the needs of the Indian defense and homeland security sectors before considering exports. By combining expertise and resources, the companies plan to deploy these advanced drone systems for high-altitude missions, tactical surveillance, and border logistics. Paras Defence's Managing Director expressed excitement over delivering locally produced drone systems for both domestic use and international markets. The collaboration not only aligns with India's self-reliance goals but also signifies a strategic move towards strengthening the companies' presence globally. With an impressive order book and a significant increase in annual net profit, Paras Defence is well-positioned to drive innovation in the field of defense technology through this joint venture.