Drone producer Garuda Aerospace on Thursday introduced a Rs 100 crore funding for the event of a ‘Drone Metropolis’ in Andhra Pradesh.
The proposed metropolis, which can come up in Orvakal village of Kurnool district of Andhra Pradesh, would function a hub for drone innovation, fostering analysis, attracting prime expertise, and propelling India to the forefront of drone expertise, Garuda Aerospace stated in a press release.
The announcement got here throughout a strategic assembly with the Minister of Civil Aviation, Rama Mohan Naidu Ji, it stated including through the assembly, Garuda Aerospace’s founder and CEO Agnishwar Jayaprakash mentioned the corporate’s alignment with ‘Viksit Bharat Sankalp Yatra’ and its significance in nationwide improvement and its ongoing contributions in the direction of ‘Namo Drone Didi’ initiative, that empowers rural girls via drone expertise.
The dialog additionally mentioned Garuda Aerospace’s speedy growth throughout India and international markets demonstrating the corporate’s dedication in making India a worldwide drone hub, it stated.
“We envision the Drone Metropolis as a hub for drone innovation, fostering cutting-edge analysis, attracting prime expertise, and propelling India to the forefront of drone expertise. This funding aligns completely with our imaginative and prescient of increasing our international footprint, pursuing an IPO, and persevering with to develop progressive drone options that deal with essential societal challenges,” stated Jayaprakash.
Garuda Aerospace has already acquired six DGCA approvals together with Sort Certification and Distant Pilot Coaching Organisation (RPTO) approvals, it stated
