RRP Defense Ltd. has taken a significant step in bolstering India’s defense manufacturing capabilities by signing a strategic Memorandum of Understanding (MoU) with CYGR, a Franco-American drone technology company. This joint venture (JV), announced on July 12, 2025, aligns with India’s “Make in India” and “Atmanirbhar Bharat” initiatives, emphasizing technological self-reliance and indigenous production.
Joint Venture Structure and Vision
The newly formed JV will see RRP Defense Ltd. holding a dominant 90% stake, while CYGR will hold the remaining 10%. The partnership is set to establish a state-of-the-art drone manufacturing facility and a dedicated Research and Development (R&D) centre in Navi Mumbai. The venture focuses on producing next-generation drone systems specifically designed for defense, surveillance, and other strategic applications.
Emphasis on Local Manufacturing and Skill Development
This collaboration places a strong emphasis on local manufacturing, technology transfer, and workforce skill enhancement. By leveraging CYGR’s advanced drone technologies and RRP Defense’s manufacturing capabilities, the JV aims to create cutting-edge drone systems suited to meet Indian defense requirements and global standards. The initiative is expected to significantly contribute to local job creation and promote the growth of India’s aerospace sector.
Press Conference to Reveal Further Details
A formal press conference has been scheduled for Tuesday, during which further details about the joint venture’s scope, product range, and timelines will be unveiled. This event is anticipated to garner interest from industry experts, stakeholders, and the defense ecosystem, highlighting India’s emergence as a hub for drone technology.
Aligning with Atmanirbhar Bharat Vision
This strategic move by RRP Defense Ltd. showcases its commitment to the national goal of technological independence in the defense sector. By fostering international collaboration while maintaining majority control, the company ensures that India retains ownership and leadership in this critical domain. The venture exemplifies a forward-looking approach to achieving defense self-reliance through innovation, investment, and partnerships.
RRP Defense Ltd., formerly known as Euro Asia Exports Limited, continues to evolve as a key player in India’s defense manufacturing landscape. The partnership with CYGR could mark the beginning of a new era for the company and the Indian defense sector at large.
