Referred to by the Indian media as “a massive step towards boosting the manufacturing of indigenous drones in India”, Garuda Aerospace and Naini Aerospace Engineering, the latter being a wholly owned subsidiary of Hindustan Aeronautics Limited (HAL) under the administrative control of the Ministry of Defence, have signed a Memorandum of Understanding (MOU), joint development partnership agreement, reports www.traveldailymedia.
The MOU partnership enables Garuda to extensively manufacture its drones in India for a wide variety of applications and further strengthens a leadership in the industry. Each craft is able to carry a payload of up to 25 kg. Garuda also has a famous shareholder and company ambassador, former international Indian cricketer, M.S Dhoni.
The Two Companies Signing the MOU Agreement
Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace, commented,“Our Prime Minister’s vision of achieving the milestone of ‘1 lakh Made in India drones’ by 2024 is well on track. The partnership with Naini Aerospace engineering is a natural next step for us.”
He continued, “Our Drone Yatra has been a major success and we have pre-booked over 7,000 drones at Rs. 4.5 lakhs each. Partnerships with Government PSUs are critical given the knowledge and experience they possess to scale up production. We will continue to stay focused and partner with industry leaders to help us achieve our PM’s vision.”
Garuda Aerospace recently partnered with BEML at Aero India for further drone manufacturing at their Mysore facility and initiated “a massive indigenisation campaign.” The company has also collaborated with 120 local suppliers with the objective of reducing reliance on foreign drone part imports, components and UAV subsystems.
R.R. Thakur, CEO of Naini Aerospace, remarked, “Our experience with the production of Helicopter structures was launched five years ago in a newly constructed Aero-structure hangar equipped with state of the art facilities. We have now reached the level of full-fledged operationalisation with proven capabilities in the field of production of aero-structures as well as aircraft loom manufacturing.”
He added, “Currently, key managerial positions are occupied by experienced professionals from HAL, so we are confident to bring in knowledge and experience to jointly develop drones with Garuda Aerospace”.
Garuda’s Famous Shareholder and Ambassador, M.S Dhoni
Naini Aerospace is located in an area of Prayagraj developed by UP State Industrial Development Corp. The company has a vision of “sustainable manufacturing operations within the Aerospace and Aviation sector.” The partnership also enables a reduction in cost given the ease of transportation. The factory is located on the Prayagraj-Mirzapur highway, approximately 20 km from Prayagraj City Centre.
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(News Source: https://www.traveldailymedia.com)