AKSI Aerospace Group has signed a strategic agreement with FIXAR Global for licensed drone manufacturing in India, with the deal valued at up to Rs 850 million. The agreement was formalised at Aero India 2025 in Bengaluru. 

The partnership strengthens India's self-reliance in drone manufacturing and positions the country as a key global production hub, said Pankaj Akula, Chairperson and CEO of AKSI Aerospace. 

Under the agreement, AKSI Aerospace will manufacture drones in India for both domestic and international markets. The company will leverage its expertise in indigenous development of critical drone subsystems, including navigation systems, propulsion, batteries, airframe composites, and imaging technology. 

(PTI)