By the way, nobody discussed about this. This is 'Varun MKI NSUAS', a 550kg MTOW class Multi Utility Long Endurance Drone (MULE). It is a Naval Shipborne Unmanned Aerial System (NSUAS) class UAV for which Design and Development contract under iDEX was given by Navy. Original requirement for NSUAS systems remains for 40 units as per the latest RFI.
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A glimpse of the prototype development of the said system, which as of now is flying already (as per their website).
View: https://x.com/IndiannavyMedia/status/1849470183553036694
That said, it looks eerily similar to Ukrainian RZ-500, and I won't be surprised if it's another

"Self Reliance". Just like how the latest Solar industries drone is most likely to be another

than own R&D.