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From Marathiमोडी(moḍī), probably from मोडणे(moḍṇe, “to break”), referring to the broken Devanagari characters from which the script is thought to be derived.
2015 September 24, N.C. Bipindra, “India revealing secrets of its predator-like Rustom drone to boost military”, in mint:
India is opening up the designs of its first indigenously developed drones to domestic private companies, seeking to spur further technological advances and encourage manufacturing as Prime Minister Narendra Modi modernizes the military.