Thales, Garuda Aerospace sign MoU to promote drone ecosystem in India

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Thales, Garuda Aerospace sign MoU to promote drone ecosystem in India - YourStory

Quick Summary:

The MoU, which aims to provide a platform for strategic collaboration to develop the Indian drone ecosystem, will come into effect in August 2024.

According to Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace, the company has cemented market dominance in the precision agri drone segment where 50% of agri drones in India are made by Garuda.“Equipped with the largest fleet in India coupled with Thales’ UTM technology and their worldwide experience, Garuda Aerospace will aim to revolutionise the drone sector and play a key role in the transformation of India into a global drone powerhouse,” he added.

The MoU is set to come into effect in August 2024.