India’s main drone know-how firm, Garuda Aerospace forays into Sri Lanka, marking one other vital step within the firm’s international growth plans. Garuda Aerospace’s preliminary operations in Sri Lanka will primarily goal the agricultural sector, introducing superior drone know-how to boost farming practices within the nation whereas additionally exploring alternatives in homeland safety and industrial purposes. The growth to Sri Lanka may also help the corporate in capitalising on the nation’s strategic location and drone-friendly regulatory surroundings.
Having clocked over INR 100 crores in revenues in FY2024, Garuda Aerospace now goals to be current in no less than 50 international locations over the subsequent few years as part of its international growth plans with roughly $10 million earmarked for worldwide development. A major allocation of those funds is in direction of operations in Sri Lanka. Garuda Aerospace’s Sri Lankan operations are set to begin imminently.
Talking on the event, Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace, “Our growth into Sri Lanka marks a significant chapter in our journey. This isn’t merely about development—it’s about unlocking the total potential of drone know-how to create substantial impacts throughout numerous sectors. Sri Lanka’s various panorama permits us to showcase how our modern options can convey 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 Programs 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 development and innovation in India’s drone sector. Garuda Aerospace’s international growth plans reveal its dedication to innovation and financial development by drone know-how. With a eager give attention to native partnerships and specialised sector-specific choices, Garuda Aerospace is dedicated to driving sustainable development 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 lately launched India’s first drone unique showroom in Chennai. Spearheading the adoption of agriculture drones, Garuda Aerospace delivered 445 Kisan drones to numerous Fertilizer firms and PSUs as a component the ‘NaMo Drone Didi’ scheme.
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