DRONE MANUFACTURING

Commerce Minister Piyush Goyal emphasizes that the PLI scheme for drone components is meant to kickstart the sector, not provide permanent subsidies. He encouraged industry to focus on growth without depending on government support. Goyal highlighte...

The government plans to streamline visas for experts from China and other countries in non-PLI sectors. DPIIT Secretary Rajesh Kumar Singh disclosed approvals needed from Home and External Affairs Ministries for 14 PLI sectors initiated in 2021.

Optiemus Infracom plans to deploy up to 6,000 drones in India next year, aiming for a revenue of Rs 600-900 crore. Chairman Ashok Kumar Gupta aims to disrupt the market pricing by offering drones with a 10-litre payload capacity for Rs 2.25 lakh eac...

Industry players at the Drone International Expo 2024 in Delhi called for improved policies and incentives to boost indigenisation in the Indian drone market, projected to reach USD 27 million revenue by 2024. Experts emphasised the need for a suppo...

The company had formed a subsidiary Optiemus Unmanned Systems (OUS) in 2023 with an initial investment of Rs 25 crore to design drones. OUS, on Thursday, announced a range of drones for agricultural and mapping use-cases.

US Deputy Secretary of State Kurt Campbell has expressed concerns over India's military and technology engagement with Russia, but also has confidence in New Delhi to advance partnership in key areas. The US is seeking to develop a deeper and strong...

Former Israeli Ambassador Daniel Carmon has indicated that India might be providing arms to Israel for its Gaza conflict, as a gesture of gratitude for Israel's support during the 1999 Kargil War. Reports claim India supplied drones and munitions to...

Indian Navy to order four Tapas drones built by DRDO for maritime surveillance operations.

India is already a growing sourcing hub for the global defence and aerospace industry. With government help, this ecosystem can, in time, be developed to support the development of a commercial plane. That is how we made our space programme, experts...

Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere

A team from the United States is currently in India engaging in discussions regarding the acquisition of MQ-9B drones by the armed forces. The deal, estimated at $3.9 billion, has not been finalized as talks on technology sharing are still ongoing. ...

Alphabet Inc., led by Sundar Pichai, will produce its flagship smartphones in Tamil Nadu, announced Chief Minister MK Stalin. Partnering with Foxconn, they plan to manufacture Pixel phones and potentially drones. This move aligns with Google's 2023 ...

As per the Ministry of Civil Aviation projections, the Indian drone manufacturing industry is expected to reach Rs 900 crore by 2025 from just Rs 60 crore in 2020-21, according to a study conducted by Nexgen Exhibitions. It also noted that the India...

Delhivery's new subsidiary, Delhivery Robotics India Pvt Ltd, will offer drone services, in addition to manufacturing and research and development of unmanned aerial vehicles. The Gurugram-based company had acquired Transition Robotics in 2021, mark...

Coromandel International Ltd invested Rs 150 crore to acquire 7% stake in Dhaksha Unmanned Systems, enhancing research and technology adoption. Dhaksha offers UAS technology solutions, remote pilot training services, with a Rs 265 crore order book.

ARTPARK, India's pioneering AI and robotics hub established in 2020 within the Indian Institute of Science (IISc) campus, Bengaluru, aims to foster inclusivity and equitable access to technology. With a core focus on innovation, skilling, and indust...

In an interview with ET, Vishal Chaudhary, co-founder at Zetwerk, said the company is in advanced stages of acquiring firms that specialise in high precision manufacturing, which will compliment its current portfolio of electronic warfare equipment....

France plans to aid Ukraine by having its arms manufacturers produce military equipment directly on Ukrainian soil. Defence Minister Sebastien Lecornu announced that three French companies will partner with Ukrainian firms to produce spare parts and...

Indian drone manufacturer IdeaForge is entering the US market as the country shows reluctance to buy Chinese-made drones. IdeaForge CEO Ankit Mehta said the Indian drone industry has grown rapidly in the last decade, with the pandemic accelerating a...