Overview

• India’s multi-layered air defence system, featuring indigenous Akash missiles and other platforms, successfully neutralized Pakistan’s PL-15 missiles and Byker YIHA III drones during May 9–10 cross-border strikes.
• The PL-15 missile, used in combat for the first time, failed to penetrate Indian defences, raising doubts about the reliability of Chinese military technology.
• Shares of Zhuzhou Hongda Electronics Corp Ltd, the Chinese manufacturer of the PL-15, fell 6.42% following the missile’s interception, signaling shaken investor confidence.
• Indian officials showcased debris from the intercepted weapons, emphasizing the effectiveness of India’s self-reliant defence capabilities.
• Conflicting claims persist as Pakistan alleges it downed Indian jets, including Rafales, while India maintains no aircraft were lost and all pilots remain safe.