News

India's Coromandel counts on drone startup to tackle farm labour shortage Chemical maker Coromandel International is betting its drone startup Dhaksha will help Indian farmers cope with an ongoing labour shortage in the agriculture sector, a top executive told Reuters on Friday. In June Coromandel bought a majority stake in Dhaksha at a valuation of 6.25 billion rupees ($75.96 million), saying the startup will "identify promising avenues of growth" for the company. Dhaksha's drones can spray nutrients and pesticides onto crops and can also be us...
India's Coromandel counts on drone startup to tackle farm labour shortage
India's Coromandel counts on drone startup to tackle farm labour shortage
Source: Reuters
28/07/2023 5:06:27 PM
Drone Destination coming with an IPO to raise up to Rs 44.20 crore Drone Destination Drone Destination is coming out with a 100% book building; initial public offering (IPO) of 68,00,000 shares of Rs 10 each in a price band Rs 62-65 per equity share. The issue will open for subscription on July 7, 2023 and will close on July 11, 2023. The shares will be listed on NSE Emerge. The face value of the share is Rs 10 and is priced 6.20 times of its face value on the lower side and 6.50 times on the higher side. Book running lead manager to the issue ...
Drone Destination coming with an IPO to raise up to Rs 44.20 crore
Drone Destination coming with an IPO to raise up to Rs 44.20 crore
Source: Accord Fintech
6/07/2023 4:38:42 PM
Himachal to showcase potential of drones The mountainous state of Himachal Pradesh is going to showcase and adapt drones in a bigger way to facilitate disaster management, supervision of electricity supply lines, agriculture, horticulture and healthcare, besides road surface condition monitoring. To explore latest advancements, showcase success stories and shape the future of drones in various sectors, the state Department of Digital Technologies and Governance is organising a two-day event at Chaudhary Sarwan Kumar Himachal Prad...
Himachal to showcase potential of drones
Himachal to showcase potential of drones
Source: IANS
2/07/2023 11:25:57 AM
Drone Centurion ideaForge subscribed 106x on Final Day Drone Centurion ideaForge subscribed 106x on Final Day   ideaForge Technology: Most subscribed IPO after Data Patterns Since Dec 2021 Retail investors placed bids for more than Rs 3500 crore ($428 million) of shares in ideaForge Technology Ltd’s IPO Mumbai-based Drone maker ideaForge Technology is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems ("UAS") market, with a market share of approximately 50% in fiscal 2022, h...
Drone Centurion ideaForge subscribed 106x on Final Day
Drone Centurion ideaForge subscribed 106x on Final Day
Source: PR Agency
1/07/2023 10:58:33 AM
DGFT simplifies policy for export of Drones, UAVs for civilian end uses from India In line with the emphasis laid in India's Foreign Trade Policy 2023 on facilitating the export of high tech items, the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, has simplified and liberalized the policy for export of Drones/ Unmanned Aerial Vehicles (UAVs) meant for civilian end uses from India.  All kind/type of drones/UAVs were earlier controlled/restricted for export under the category 5B of the SCOMET (Special Chemicals Organisms Material ...
DGFT simplifies policy for export of Drones, UAVs for civilian end uses from India
DGFT simplifies policy for export of Drones, UAVs for civilian end uses from India
Source: Accord Fintech
26/06/2023 1:47:20 PM
Government eases policy for export of drones meant for civilian end-use To facilitate Indian drone makers to access larger markets and compete on a global scale, the government has simplified and liberalised the policy for export of drones or unmanned aerial vehicles (UAVs) meant for civilian end uses. Accordingly, the Special Chemicals Organisms Material Equipments and Technology (SCOMET) policy of drones meant for civilian use has been amended by the Directorate General of Foreign Trade (DGFT). This decision has been taken in line with the emphasis laid o...
Government eases policy for export of drones meant for civilian end-use
Government eases policy for export of drones meant for civilian end-use
Source: IANS
24/06/2023 9:43:44 AM
Ex-ISRO official promoted Sisir Radar test flew drone fitted with 'Rabbit SAR' Space sector startup, Sisir Radar Private Ltd has successfully tested its Synthetic Aperture Radar (SAR) fitted on a drone, said a senior company official. "The drone fitted with SAR was flown (on Friday) at a place called Sonarpur, about 50 km from Kolkata," Tapan Misra, Founding Director and Chief Scientistst, sir Radar Private Ltd, told IANS. Misra who was earlier a Director at the Space Applications Centre of Indian Space Research Organisation (ISRO) has named his product ...
Ex-ISRO official promoted Sisir Radar test flew drone fitted with 'Rabbit SAR'
Ex-ISRO official promoted Sisir Radar test flew drone fitted with 'Rabbit SAR'
Source: IANS
17/06/2023 5:32:01 PM
Marut Drones collaborates with the AP District Agricultural department to educate farmers and Rural youth on the importance of Drone Technology in Agriculture Vishakhapatnam: Marut drones and AP district agricultural department demonstrated the benefits of Kissan Drone for farming purposes in Spraying. Marut Drones have highlighted the benefits of  Kissan drones to farmers and made them aware of saving time in the spraying process. The usage of these robust drones will reduce chemical usage by 35 to 40% and water consumption by 85 to 90%. The event witnessed the participation of District agricultural officers - Mr. Appala Swamy, JDA (J...
Marut Drones collaborates with the AP District Agricultural department to educate farmers and Rural youth on the importance of Drone Technology in Agriculture
Marut Drones collaborates with the AP District Agricultural department to educate farmers and Rural youth on the importance of Drone Technology in Agriculture
Source: PR Agency
6/01/2023 12:42:54 PM
DGCA approves Garuda Aerospace`s Kisan drone The Directorate General of Civil Aviation (DGCA) has issued the Type Certification for the Kisan or farmer drones made by Garuda Aerospace, the company said. Garuda Aerospace also said it has an order book of 5,000 drones. According to Garuda Aerospace, the DGC Type Certification is provided on the basis of the quality check of the drones and is issued after a rigorous testing process for the unmanned aerial vehicles (UAV). The Type certification was introduced by the Indian governme...
DGCA approves Garuda Aerospace`s Kisan drone
DGCA approves Garuda Aerospace`s Kisan drone
Source: IANS
24/12/2022 3:39:43 PM
India will need 1 lakh drone pilots by 2023: Anurag Singh Thakur To turn India into a drone skill hub, it will need at least one lakh drone pilots by 2023, Union Minister for Youth Affairs & Sports, Anurag Singh Thakur said on Tuesday. The Union Minister was here to flag off drone start-up Garuda Aerospace's Drone Yatra and inaugurate the company's first Virtual E-Learning platform at Agni College of Technology near here. Thakur, who is also the Union Minister for Information & Broadcasting, said Kisan/farmer drone is the beginning of...
India will need 1 lakh drone pilots by 2023: Anurag Singh Thakur
India will need 1 lakh drone pilots by 2023: Anurag Singh Thakur
Source: IANS
6/12/2022 8:14:50 PM
Government issues guidelines for PLI scheme on drones The Ministry of Civil Aviation has issued guidelines for the implementation of the Production Linked Incentive (PLI) scheme to support the indigenous drone industry. These guidelines cover aspects like the definitions, qualification and eligibility application and online portal project management agency (PMA), empowered group of secretaries (EGoS) and competent authority. To make India a global hub for research and development, testing, manufacturing, and operation of drones under the A...
Government issues guidelines for PLI scheme on drones
Government issues guidelines for PLI scheme on drones
Source: IANS
3/12/2022 7:52:55 PM
Mahendra Singh Dhoni launches drone Droni  Helicopter shot specialist cricketer Mahendra Singh Dhoni launched a consumer camera drone branded as Droni. Manufactured by the city-based drone startup Garuda Aerospace, the Droni drone is a quadcopter consumer camera drone. According to the company's Founder and CEO, Agnishwar Jayaprakash, the drone can be used for different surveillance purposes and will be available in the market by the end of 2022. Garuda Aerospace on Sunday also launched a battery powered new Kisan D...
Mahendra Singh Dhoni launches drone Droni
Mahendra Singh Dhoni launches drone Droni
Source: IANS
10/10/2022 12:35:42 PM
RattanIndia Enterprises surges on launching cutting edge advanced drone `Defende` RattanIndia Enterprises is currently trading at Rs. 53.80, up by 2.20 points or 4.26% from its previous closing of Rs. 51.60 on the BSE. The scrip opened at Rs. 51.00 and has touched a high and low of Rs. 55.80 and Rs. 50.70 respectively. So far 1017912 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 65.85 on 12-Jan-2022 and a 52 week low of Rs. 30.50 on 12-May-2022. Last one week high and low of the scrip stood...
RattanIndia Enterprises surges on launching cutting edge advanced drone `Defende`
RattanIndia Enterprises surges on launching cutting edge advanced drone `Defende`
Source: Accord Fintech
14/09/2022 2:17:01 PM
Centre proposes amendment in export policy for certain types of drones The Centre has proposed an amendment in its export policy for certain types of drones and unmanned aerial vehicles (unmanned aerial vehicles), dropping the requirement to receive authorisation under the Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) scheme. With the aim to simplify the policy under the SCOMET list, a draft policy amendment of the Category 5B of SCOMET List and the General Authorization for Export of Drones/UAVs (Excluding Software and Technolo...
Centre proposes amendment in export policy for certain types of drones
Centre proposes amendment in export policy for certain types of drones
Source: IANS
31/08/2022 11:49:04 AM
Tamil Nadu Industrial Development Corporation to set up testing labs for drones in Kancheepuram Tamil Nadu Industrial Development Corporation (TIDCO) will be setting up an integrated testing complex for drones and strategic electronics at Vallam Vadagal in Kancheepuram district of the state. The testing complex, according to officials with the TIDCO will comprise greenfield testing infrastructure including electromagnetic compatibility or Electromagnetic interference testing (EMC/EMI). It is to be noted that Tamil Nadu has a large number of electronic manufacturing and design-focu...
Tamil Nadu Industrial Development Corporation to set up testing labs for drones in Kancheepuram
Tamil Nadu Industrial Development Corporation to set up testing labs for drones in Kancheepuram
Source: IANS
19/08/2022 11:08:51 AM
Startup launches drone-based healthcare network trial in Arunachal  A Bengaluru-based startup on Monday launched a pilot project to utilise drones to provide superior healthcare services to tribal and rural communities in Arunachal Pradesh. The project will take place in Seppa, a town in East Kameng District of Arunachal Pradesh, by startup Redwing Labs, which will help deliver medical supplies up to eight times faster than road-based logistics. Redwing Labs would provide aMade in India' hybrid Vertical Take-off and Landing (VTOL) drones and r...
Startup launches drone-based healthcare network trial in Arunachal
Startup launches drone-based healthcare network trial in Arunachal
Source: IANS
15/08/2022 12:52:18 PM
Centre grants exemption for fast authorisation of drone pilot training organisations The Civil Aviation Ministry has granted conditional exemption to the aviation regulator Director General of Civil Aviation (DGCA) for processing of applications for authorisation of remote pilot training organisations. The move is aimed at fast tracking the authorisation process of drone pilot training organisations in the country. As per the Drone Rules, any person who intends to obtain the authorisation to establish a remote pilot training organisation will have to submit an applicati...
Centre grants exemption for fast authorisation of drone pilot training organisations
Centre grants exemption for fast authorisation of drone pilot training organisations
Source: IANS
17/07/2022 9:23:22 AM
Indian drone start-up Garuda Aerospace to set up plant in Malaysia India's integrated drone manufacture and drone-as-a-service (DAAS) provider Garuda Aerospace Pvt. Ltd. will set up a production facility in Malaysia at an outlay of Rs 115 crore, said a top company official. "We have decided to set up a drone production facility in Malaysia with a production capacity of about 50 drones per day. We will be importing the components from India and other countries," Agnishwar Jayaprakash, Founder & CEO of Garuda Aerospace, told IANS. The c...
Indian drone start-up Garuda Aerospace to set up plant in Malaysia
Indian drone start-up Garuda Aerospace to set up plant in Malaysia
Source: IANS
23/06/2022 8:12:48 AM