Zen Technologies has significantly expanded its production capabilities for unmanned aerial systems, with its subsidiary Vector Technics reaching an annual capacity of 300,000 propulsion units at its Shamshabad facility.
The company disclosed the milestone in an exchange filing after market hours on Monday, July 6, marking a substantial step up in its domestic manufacturing scale.
5% in early Tuesday trade on the Bombay Stock Exchange, extending gains for a second consecutive session.
Shares of the defence manufacturer rose 2.5% in early Tuesday trade on the Bombay Stock Exchange, extending gains for a second consecutive session.
The price action reflects investor confidence in the company's ability to capitalize on India's strategic push toward indigenous defence production.
The move comes as broader sentiment in the Indian defence sector remains buoyant, with peers such as Hindustan Aeronautics Ltd and Bharat Electronics Ltd also seeing strength following reports of expanded government procurement plans.
The capacity expansion at Vector Technics underscores Zen Technologies' vertical integration strategy, allowing it to control critical components of the drone supply chain.