Euro Asia Exports Ltd — Updates, 17-07-2025: Company Update

RRP Defense Ltd. has received a Letter of Intent from CYGR, a Franco-American drone technology company, for the production, assembly, and testing of their Drone Command Modules at RRP's Indian facility. This potential manufacturing contract for exports to CYGR's existing clients is valued at an estimated 20-30 Cr, covering 800-1000 units. While a key development, this LOI is a statement of intent, not a binding agreement; a definitive contract requires further negotiation. This initiative supports India's 'Make in India' and defence self-reliance goals, enhancing bilateral industrial cooperation.