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General Aeronautics, a
Bangalore based start-up specialises in developing robotic drones to offer tech
enabled crop protection services, crop health monitoring, precision farming and
yield monitoring using artificial intelligence and data analytics while working
very closely with the farmers and agricultural chemical companies. General
Aeronautics also has the presence of some reputed venture capital firms like Mela
Ventures, founded by former mindtree founders.
“The cross-industry application of drones is
nearly limitless and continues to make great strides. It offers countries like
ours the opportunity to leapfrog generations of infrastructure, healthcare,
logistics, agriculture and defence advancements and break several process
barriers. When combined with next generation imaging technologies, longer
battery life, edge based artificial intelligence and machine learning
capabilities, the possibilities are endless. The partnership between General
Aeronautics and Adani Defence & Aerospace fuses our military and civilian
objectives by integrating several capabilities Adani Group’s military UAV
capabilities with the capabilities of General Aeronautics thereby providing us
with a platform with far reaching possibilities” said Ashish
Rajvanshi, CEO of Adani Defence & Aerospace.
“India has taken a lead to establish several forward-looking policies under the
guidance of the Hon’ble Prime Minister and we expect to immediately be able to
leverage this partnership to help serve our nations’ defence, industrial
development and social goals”.
The acquisition aligns to the objectives of
Adani Defence & Aerospace in providing a platform to start-ups and MSMEs
for rapid growth and scalability of innovative technologies.
“I am delighted that Adani Defence &
Aerospace is partnering with us to lead us into the next era of growth in this
rapidly evolving space. I look forward to our partnership unlocking substantial
scale, leveraging their vision and commitment to the unmanned capabilities
which will help facilitate India becoming the drone hub of the world”, said Abhishek
Burman, CEO of General Aeronautics.
The drone and drone services market in India is
expected to grow rapidly and can reach Rs 30 bn by 2026 driven by the evolving
policy framework, PLI incentives and the recent ban on imports of drones.
Adani Defence & Aerospace has entered into definitive agreements for acquiring 50% equity stake in agricultural drone start up.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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