Drone stock rebounds 8% from day’s low after receipt of Tata Communications order
2 days, 11 hours ago

Drone stock rebounds 8% from day’s low after receipt of Tata Communications order

Live Mint  

Shares of DroneAcharya Aerial Innovations witnessed a sharp recovery, surging nearly 8 percent during intra-day trading on Monday, January 13, after the company announced securing an order from Tata Communications. "DroneAcharya Aerial Innovations Limited has been awarded a Purchase Order of INR 5,50,000/- from Tata Communications Limited for building customised drone solution for their experience center. Company Overview DroneAcharya Aerial Innovations, headquartered in Pune and incorporated in 2017, specializes in drone training and services across India. Additionally, the company provides training programs such as drone pilot training, drone building, aerial cinematography, drone racing, and agricultural drone solutions.

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History of this topic

Set up start-ups in drones with ₹5 lakh subsidy, official tells youth
1 month, 1 week ago

Set up start-ups in drones with ₹5 lakh subsidy, official tells youth

Deccan Chronicle  

AP Drone Corporation managing director K. Dinesh Kumar called upon youth aspiring to be entrepreneurs to take advantage of the state government's incentive of up to ₹5 lakh for setting up start-ups in drones.Addressing students attending the Advanced Atal Faculty Development Programme on “A Deep Dive into Autonomous Vehicle – Theory to Practice” at Dhanekula Engineering College here on Monday, …

Sky’s the limit for Marut Drones
2 months ago

Sky’s the limit for Marut Drones

New Indian Express  

HYDERABAD: While the recent Series A funding of $6.2 million for drone tech firm Marut Drones will help it establish itself as a nationwide provider of comprehensive drone technology, the DGCA-certified company for manufacturing drones and training operators is still prioritising agricultural productivity. In Telangana, drones made by the firm have proven invaluable across sectors: they assist the GHMC in …

Andhra University team develops India’s first drone motor
2 months, 1 week ago

Andhra University team develops India’s first drone motor

Deccan Chronicle  

Visakhapatnam:A team of graduates and scholars from Andhra University’s Engineering College has achieved a significant milestone by developing a prototype motor for drones, marking the first of its kind in India. The group, which formed a startup named Technorama last year, operates under the Andhra University Incubation Council’s A-Hub and is focused on indigenizing drone components, primarily motors, which are …

Meet the high-flyer in India’s drones club
1 year, 3 months ago

Meet the high-flyer in India’s drones club

Live Mint  

Bengaluru: In the 2009 Bollywood movie 3 Idiots, Aamir Khan, who plays an engineering student named Rancho, guides a drone with four rotors to the window of a classmate’s hostel room and catches him unguarded… and unclad. The drone manufacturing potential in India could be worth $4.2 billion by 2025, growing to $23 billion by 2030, according to an August …

Tata 1mg starts drone delivery for medicines in Dehradun
2 years, 1 month ago

Tata 1mg starts drone delivery for medicines in Dehradun

India Today  

Tata 1mg has introduced drone delivery service in Dehradun to provide faster delivery of diagnostic samples and medication along the air route. The digital health platform launched the drone delivery service in the city on Thursday along with three integrated pharmacy and diagnostics stores of Tata 1mg to offer faster delivery and medical assistance altogether in the city and nearby …

NSDC and Drone Destination join hands to start ten drone hubs in India, drone tech to be hugely employable skill
2 years, 2 months ago

NSDC and Drone Destination join hands to start ten drone hubs in India, drone tech to be hugely employable skill

India Today  

The National Skill Development Corporation and Drone Destination today announced their collaboration to expand flying schools across the country. Further, under the partnership, NSDC will also provide loans through its associated NBFCs for the aspiring pilots to undergo training with Drone Destination and receive high-quality skills, augmenting the Aatmanirbhar Bharat initiative. It is estimated that the country would need over …

Why are the big boys of India Inc acquiring drone start-ups?
2 years, 7 months ago

Why are the big boys of India Inc acquiring drone start-ups?

Business Standard  

Last month, when Prime Minister Narendra Modi lifted a drone off the ground and manoeuvred it through a remote, hundreds of heads turned with it at the inauguration of the Bharat Drone Mahotsav in New Delhi. The nascent drone industry has been increasingly catching the attention of India Inc. especially after the government came out with a new policy last …

A drone expert explains the challenges startups will face with drone based deliveries
2 years, 7 months ago

A drone expert explains the challenges startups will face with drone based deliveries

Firstpost  

As fascinating as drones are, the regulations around buying, importing and using drones have been a quagmire for quite some time, especially for enthusiasts. With a number of food and grocery delivery startups as well as established e-commerce players planning to get into drone based deliveries, we need strong players in the Indian market, who have developed the technology indigenously. …

Drones Can Help India's Agro Industry to Take Off, Lift Other Sectors: VFLYX CEO
2 years, 8 months ago

Drones Can Help India's Agro Industry to Take Off, Lift Other Sectors: VFLYX CEO

News 18  

When it comes to technical advancement, the scenario is not the same as 10 years ago. News18 spoke to Vishal Saurav, CEO & Founder of VFLYX India, a drone technology company based in Bengaluru planning to invest around 3.4 million dollars in R&D, manufacturing, and testing of drones. We are expecting the drone market to grow tenfold in the next …

Making of India's drone economy
2 years, 11 months ago

Making of India's drone economy

Business Standard  

BotLab Dynamics -- a start-up incubated at IIT Delhi -- put up a 10-minute drone show on January 29 during the culmination of Republic Day celebrations. The government expects the drone manufacturing industry to invest over Rs 5,000 crore over the next three years and generate 10,000 direct jobs. By FY24, it estimates the turnover of the drone manufacturing industry …

Drone-owning Indian security firm aims for $3 billion in revenue
5 years, 5 months ago

Drone-owning Indian security firm aims for $3 billion in revenue

Live Mint  

Security & Intelligence Services India Ltd., the nation’s only listed provider of security services, aims to treble sales in the next five years by increasing its share in the fast-growing local market. Security firms’ sales in Asia’s third-largest economy are estimated to reach a combined ₹1.5 trillion by 2022 from ₹57,000 crore in 2016, according to a report published by …

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