/viestories/media/media_files/2025/01/31/5V1ivOcZ3tsp4a12qBOW.png)
Garuda Aerospace, one of india’s top drone makers and a key member of the Bharat Drone Association, has announced a major Rs 100 crore investment to develop Andhra Pradesh as India’s first "Drone City."
The announcement was made during a meeting with the Minister of Civil Aviation, Shri Rama Mohan Naidu Ji. This exciting project aims to boost drone innovation, research and development in India, helping the country become a global leader in drone technology.
In the meeting, Garuda Aerospace's Founder and CEO, Agnishwar Jayaprakash, talked about the company's support for the 'Viksit Bharat Sankalp Yatra' and its role in national development. He also highlighted their work with the 'Namo Drone Didi' initiative, which empowers rural women with drone technology.
The discussion also covered Garuda Aerospace's fast expansion in India and worldwide, showing the company's dedication to making India a global leader in drone technology, according to the statement.
Read also- Tamil Sharkz - A Groundbreaking Reality Show for Regional Entrepreneurs
Agnishwar Jayaprakash, Founder & CEO of Garuda Aerospace, said, “This investment signifies our unwavering commitment to revolutionising the drone industry in india and globally. We envision the Drone City as a hub for drone innovation, fostering cutting-edge research, attracting top talent and propelling India to the forefront of drone technology. This investment aligns perfectly with our vision of expanding our global footprint, pursuing an IPO and continuing to develop innovative drone solutions that address critical societal challenges.”
Garuda Aerospace has received six approvals from the DGCA, including Type Certification and RPTO approvals. These approvals confirm the company’s technical skills and dedication to following regulations, which are crucial for safe and responsible drone development and use.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Funding and Stories: Discover Funding Trends and Stories Shaping Indian Startups.
Startup Funding News: Your Gateway to Every Funding Update.
Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.
Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.