IP-led, R&D-driven business model with high entry barriers: ZTL utilizes a unique IP-driven business model supported by strong in-house R&D, having invested 107 crore over the last five years. This investment has led to over s85 granted patents, giving it a technological edge. Its DSIR-recognized R&D centre promotes extensive design and engineering in various fields, driving continuous innovation. Company prioritizes being design and IP-focused rather than just an assembler, enhancing its position in high-value defence technologies. Company's asset-light approach and outsourced...