India’s main drone expertise firm, Garuda Aerospace forays into Sri Lanka, marking one other important step within the firm’s international enlargement plans. Garuda Aerospace’s preliminary operations in Sri Lanka will primarily goal the agricultural sector, introducing superior drone expertise to reinforce farming practices within the nation whereas additionally exploring alternatives in homeland safety and industrial functions. The enlargement to Sri Lanka may even assist the corporate in capitalising on the nation’s strategic location and drone-friendly regulatory atmosphere.
Having clocked over INR 100 crores in revenues in FY2024, Garuda Aerospace now goals to be current in at the very least 50 nations over the subsequent few years as part of its international enlargement plans with roughly $10 million earmarked for worldwide progress. A major allocation of those funds is in the direction of operations in Sri Lanka. Garuda Aerospace’s Sri Lankan operations are set to start imminently.
Talking on the event, Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace, “Our enlargement into Sri Lanka marks a significant chapter in our journey. This isn’t merely about progress—it’s about unlocking the total potential of drone expertise to create substantial impacts throughout varied sectors. Sri Lanka’s various panorama permits us to showcase how our progressive options can deliver tangible advantages, from agriculture to infrastructure. This transfer displays our dedication to driving transformative change by considerate innovation, in collaboration with companions who share our imaginative and prescient.“
Garuda Aerospace partnered with Spirit Aeronautical Methods S.A., a number one Greek producer specialising in rotary and fixed-wing weaponized drones in early 2024. The corporate additionally signed a MOU with Thales to advertise progress and innovation in India’s drone sector. Garuda Aerospace’s international enlargement plans show its dedication to innovation and financial progress by drone expertise. With a eager deal with native partnerships and specialised sector-specific choices, Garuda Aerospace is dedicated to driving sustainable progress for the drone and allied sectors.
Garuda Aerospace is India’s first drone firm to obtain twin DGCA approvals for manufacturing small and medium-category drones, together with pilot coaching. The IPO-bound Dhoni-backed firm most not too long ago launched India’s first drone unique showroom in Chennai. Spearheading the adoption of agriculture drones, Garuda Aerospace delivered 445 Kisan drones to varied Fertilizer corporations and PSUs as an element the ‘NaMo Drone Didi’ scheme.
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