Azista Space to Invest ₹500 Crore in Electro-Optical Payload Facility in Gujarat
DEFENSE
Azista Space will invest ₹500 crore to establish an electro-optical payload manufacturing facility in Sanand, Gujarat, aimed at bolstering India's space and defense capabilities. The facility, inaugurated on January 22, 2026, is expected to reduce import dependence and create skilled employment while supporting both national and international defense programs. The groundbreaking ceremony was attended by key Gujarat government officials, including the Minister for Science and Technology.

Jan 24, 2026, 2:31 PM