'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
The Gurugram-based company had acquired Lucknow-based drone manufacturer and consultant start-up TechEagle in December, to expand food delivery using drones
Reliance Industries has put together an aggressive plan to build its drone business which includes expanding manufacturing capacity five-fold, participating in the new drone production linked incentive scheme, and experimenting with limited logistics payloads to deliver goods. The target is to become a key player in the expected $5 billion market in India by the end of the decade. The drone business is being carried out through a Bangalore-based start up, Asteria Aerospace, in which Reliance has taken a majority stake. Asteria is a subsidiary of Jio Platforms Ltd.
While there were concerns about the security aspect of drones, top government officials were of the view that restricting the drone industry would stifle a sunrise sector which holds significant promise for future, reports Arindam Majumder.
An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).
The MQ-9B predator armed drones -- 10 each for three services -- is seen to be a key part of India's national security and defense needs.
Small Chinese-made drones, carrying narcotics in 95 per cent cases, are flying over from across the border into Punjab and Jammu regions and these flights are a "cause of concern" for which technology solutions are being scouted actively, BSF director general (DG) Pankaj Kumar Singh said on Tuesday.
The number of forms to be filled to operate drones in the country have been reduced to six in draft 'Drone Rules, 2021' in comparison to 25 forms mentioned in the Unmanned Aircraft System (UAS) Rules, 2021, it said.
Around 75 drones of the Indian Army carried multiple mock operations, including kamikaze attacks, first-aid delivery and parachute payload delivery exercises, at the event.
The Centre will promote Kisan Drones, chemical-free natural farming, public-private partnerships for the delivery of digital and high-tech services to farmers across the country during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Budget 2022-23 in Parliament, Sitharaman said the inclusive development is one of the four priorities of the government moving forward. As part of the inclusive development, the government will promote the use of 'Kisan Drones' for crop assessment, digitisation of land records and spraying of insecticides. The government will also facilitate a fund with blended capital raised under the co-investment model through Nabard to finance agri start-ups and rural enterprises, she said.
Use cases for drones are, however, immense - industrial inspections, geospatial surveys, agricultural surveys, and general surveillance and security.
The ministry of civil aviation has eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and the decreasing the types of fees charged from the operator from 72 to 4.
Live on one of Gelephu's inhabitable bridges where elephants will saunter past, be it day or night; or be homed in a never-ending building with flying cars and robot maids? asks ambivalent Sandeep Goyal.
Seattle-based Amazon had considered debuting drone delivery services in Mumbai and Bangalore by Diwali this year
The sources said the talks are focused on sorting out certain issues relating to cost component, weapons package and technology sharing.
Land, houses and other infrastructure facilities required for the rehabilitation procedure would be constructed at the earliest, the authorities said.
The possibility of the use of weaponised drones for terrorist activities against strategic and commercial assets calls for serious attention by the global community, India has told the United Nations General Assembly, a day after two explosives-laden drones crashed into the Indian Air Force (IAF) station at Jammu airport.
From using Artificial Learning to Machine Learning to deploying drones food delivery platforms are going all out to reach the extra consumer, says Peerzada Abrar.
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
The damaged drone was recovered in Mahawa village based on the information given by one of the four people the state police arrested on Sunday.
In the first such incident reported in Punjab, drones were used to drop weapons and communication devices, among others, from across the border, an official said, adding that a half-burnt drone used in the operation was recovered from Tarn Taran.
Rediff.com takes a look at drones as they engage in activities you'd never thought you'd see.
Drones or unmanned aircraft are being used for several purposes such as mapping, survey and commercial photography, while e-commerce giant Amazon is looking to use them for deliveries to its consumers in the US.
If all goes well, from December, drones can be used for purpose like mapping, surveying and photography, which till now was illegal due to absence of any guidelines.
The recent drone scare at London's Gatwick airport has exposed the lack of preparedness against drones, says Pranjal Sharma.
The financial capital, notorious for its traffic snarls, has achieved a first in the country after a city-based pizza outlet used an unmanned drone to execute a delivery by taking the aerial route recently.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Security forces are using drones and helicopters for surveillance of the dense forest area where terrorists are believed to be holed up since Wednesday after killing two Army officers and a deputy superintendent of police in the initial exchange of fire, the officials said.
Firm says the proposed drones can also be used to identify other such objects, along with aircraft, plying within Indian skies
Security forces launched a massive assault with mortar shells to flush out terrorists responsible for the killing of four personnel from a hilly forest in Jammu and Kashmir's Anantnag district on Saturday, officials said.
Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds.
Flipkart on Tuesday launched a next-day delivery service.
Hours after a deadly blast at a civilian hospital in the besieged Gaza Strip killed hundreds of people, Israel on Wednesday claimed that a lack of a crater at the blast site proves that it was not an air strike by its forces as claimed by Hamas-run health ministry.
'The success of one or two IPOs does not dictate whether the upcoming IPOs will be successful or not, but it certainly indicates that the markets and investors are enthusiastic about startup IPOs.'
Layoffs, corporate restructuring, governance and most importantly profitability: The 14 Indian startups that plan IPOs this year are pulling out all the stops to ensure successful market debuts.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
The commuters moving between Delhi and Haryana were either stuck up for hours on the closed borders or walked on foot to reach their respective destinations.
The elections will begin on April 19 followed by subsequent phases on April 26, May 7, May 13, May 20, May 25 and June 1.
Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...
The Indian Navy plans to acquire a sizeable number of unmanned aerial and underwater platforms in the next few years to significantly ramp up its surveillance capability in the backdrop of China's increasing forays into the Indian Ocean region, people familiar with the development said on Sunday.
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