The ePlane Company is targeting commercial cargo operations in 2025 and passenger flying taxis by 2026
AVPL International on Tuesday said it will set up a drone manufacturing facility in Bihar with an investment of Rs 15 crore. The new facility, which will be set up in an area of 16,000 sq ft in the Bihta Industrial Area, will have the capacity to produce up to 24,000 drones annually, the company said in a statement. "This project is more than just a manufacturing facility. It's a step towards empowering local communities, capacity building and fostering drone entrepreneurship," AVPL International Founder and Managing Director Preet Sandhuu said in a statement. The manufacturing facility is likely to generate employment opportunities for around 10,000 youth, including 200 in-house employees, the company added. Founded in 2016, AVPL International has expanded its reach to over 12 states and established over 70 skill and incubation hubs.
HH-100 prototype has a payload capacity of 700 kg and a full range of 520 km; it may be used in fighting for forest fires or delivering relief material
The government is utilising services of drone providers for vaccine delivery, inspection of oil pipelines and power transmission lines, agricultural spraying, etc, private players can now also do so
Average funding of top 10 start-ups has increased 10 per cent to $5.6 million
Proposed drone rules will open up new opportunities
A co wherein chairman and at least two-thirds of directors are Indian citizens would also fall in the eligible category