DCM Shriram Industries is focusing on developing and manufacturing versatile drones that will be used not just in the defence sector but across the board, its Joint President Rudra Shriram has said. The company is engaged in the businesses of sugar, chemicals and industrial fibre and has a turnover of around Rs 8,000 crore. It had last year invested USD 1 million (about Rs 7 crore) to purchase 30 per cent stake in Turkish drone company Zyrone Dynamics. "Luckily, we entered the (drone) market at the correct time and we have products ready of the market," Shriram told PTI in an interview. He said the idea is to manufacture drones completely in India. "The idea is to Make in India. Even for them (Zyrone), it is expensive to manufacture there. So, they can concentrate on technology development and we can concentrate on manufacturing at scale," he noted. He said DCM Shriram has a research and development (R&D) facility in Delhi and it has licences to manufacture defence drones across .
As per the release, it took 25 minutes for the parcel to reach the destination located 46 km from the originating point
The Jammu and Kashmir Police shot down a drone coming from the border side in Talli Haria Chak under Rajbagh Police Station in the J-K's Kathua district
The Adani Group's commercial drones division is exploring two revenue models -- dealer-based and service-based -- while keeping its primary focus on the agriculture sector
Business sentiment has improved in drone industry in the last six months and we are getting larger orders from govt and private customers," said Omnipresent Robot Tech's Sinha
Asks all ministries to increase use of drones in their work
Live news updates: Ukrainian President Zelenskiy said Ukraine was not eager to talk to Russia's Vladimir Putin but that it has to face the reality that this will likely be necessary to end the war
Over 1,600 delegates comprising government officials, foreign diplomats, armed forces, central armed police forces, PSUs, private companies and drone startups etc will participate in the Mahotsav
The latest leg of Indian Open Surfing will start Friday
The Prime Minister will interact with 'Kisan drone pilots', witness open-air drone demonstrations and interact with startups in the drone exhibition centre
The World Economic Forum WEF 2022: It shows how drone technology can be scaled up across India to meet urgent healthcare needs in remote areas
The central government's 12 ministries are currently trying to boost the indigenous demand for drone services and India will need approximately one lakh drone pilots in the coming years
The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced last year to boost drone manufacturing in India. The first round of applications for this scheme were invited on March 10 and its results were announced on April 20, wherein Adani Group's joint venture company with Israeli firm Elbit, IdeaForge Technology, and 12 other drone companies were selected as beneficiaries. The ministry had on September 16, 2021, announced the PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. Under the PLI scheme, the incentive for a manufacturer of drones and drone components will be 20 per cent of the "value addition" made by the company during the next three years. The value addition is calculated as the annual sales revenue from drones and drone components (net of GST) minus the purchase cost (net of GST) of drone and drone components. About the .
Meanwhile, Garuda Aerospace has raised an undisclosed sum as Pre-series A funding from investors led by Ocgrow Ventures.
The company is a long way from launching a drone delivery service
Diagnostic services provider Dr Lal PathLabs on Tuesday said it has launched a pilot project to use drones for transporting blood samples. The use of drones would expand Dr Lal Pathlab's services to inaccessible locations, the company said in a statement. Pilot projects are being launched across multiple remote, semi-urban and rural locations to experiment multiple-use cases that eliminate challenges like congestion due to traffic, poor road conditions and inaccessibility, it added. "As the leader in diagnostic industry, Dr Lal PathLabs is committed towards integration of new technologies into its existing logistics systems to further expedite sample collections. The use of drones could significantly speed-up regular and emergency medical care in rural areas and help save lives," Dr Lal PathLabs Head Logistics & Home Collection Amit Aggarwal noted. The company is initiating pilot projects in different parts of the country. "If these first trial runs are successful, we are hopeful
'I am very optimistic for the increase in fleet size, aircraft, the building of airports, new routes and expanding ecosystem in India, whether it's MRO, cargo, FTO and drones,' he said
The main weapons used in this shadow conflict are drones and cyberwarfare and both sides try to keep a lid on this war because, as a rule, they maintain secrecy about their clandestine operations
Grip and AUS have entered a deal that allows retail investors to invest in India's growing drone market
The Civil Aviation Ministry on Thursday invited applications from the drone industry for the production-linked incentive (PLI) scheme that was announced last year.