Some of the products that are being made are as below:
* Armoured Vehicle (Zebu, Carmel, Carmel Lite)
Proof of concept for Zebu was developed way back somewhere in 2017 or 2018. It was also presented to the interested parties at DefenceExpo but the management never clarified the outcome. So, I assume there were some shortcomings and no orders were received.
Defense projects can have a high gestation period but I hope management clarifies and provides some clarities on the timelines - since it has been 6 / 7 years since they entered this space.
Disc: Invested (PF sizing here)