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Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Google to manufacture drones in Tamil Nadu for exporting; Make in India
Alphabet’s subsidiary, Wing LLC, which specialises in drone delivery services, will be heading the manufacturing operations in Tamil Nadu.Read more
Indian drone manufacturing sector to grow to Rs 9 bn by 2025; Nexgen Exhibitions
Drones have demonstrated their utility in various sectors including border surveillance, disaster management, and COVID management, with further applications anticipated in logistics, data processing, and traffic management.Read more
Marut Drones delivers the first-ever mineral exploration drones in India to NMDC
Marut Drones achieves a historic milestone by delivering a cutting-edge custom drone for conducting mining operations using advanced sensors - Magnetometer, Hyperspectral, and Lidar to National Mineral Development Corporation (NMDC).Read more
Servotech to establish EV charging R&D lab, Centre of Excellence for students
Company plans to set up and commission a charging station equipped with a 14 kW EV Charger, suitable for 2, 3 & 4 wheelers, within Lloyd’s premises.Read more
PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Nitiraj Engineers? drone innovation soars high
Nitiraj Engineers Ltd brings in the drone revolution with four groundbreaking drone models: Precision Farming Drone, GIS Mapping and Aerial Survey Drone, Remote Cargo Transportation Drone and Defence High-Altitude Unmanned Aerial Vehicle (UAV)Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
Chennai's Kothari Industrial Corporation expands drone business, targets agriculture
KICL intends to establish a drone manufacturing unit to bolster its fleet, aiming for a total of over 100 drones, KICL intends to establish a drone manufacturing unit to bolster its fleet, aiming for a total of over 100 drones.Read more
Indigenous light tanks project gains momentum with Cummins partnership
The development of indigenous light tanks under "Project Zorawar" is indeed a significant step for India in bolstering its defence capabilities, especially in the challenging terrains of Ladakh.Read more