JSW Defence to Invest Rs 8 Billion in Telangana Drone Facility
DEFENSE

JSW Defence to Invest Rs 8 Billion in Telangana Drone Facility

JSW UAV Ltd, a fully-owned subsidiary of JSW Defence Pvt Ltd, has announced an investment of Rs 8 billion to set up an Unmanned Aerial Systems (UAS) manufacturing facility in Telangana. 

The company has signed a Memorandum of Understanding (MoU) with the Telangana government to establish the facility. Additionally, JSW Defence has formed a strategic partnership with Shield AI, Inc., a prominent U.S. defence technology firm, to localise and manufacture Shield AI’s ‘V-BAT’ UAS in India. 

The MoU was signed by Telangana Chief Minister K. Chandrashekar Rao and Parth Jindal of the JSW Group at the World Economic Forum in Davos, Switzerland. 

This initiative follows the central government's move in September 2021 to extend the production-linked incentive scheme to drone manufacturing, which includes airframes, propulsion systems, power systems, batteries, and related components. The scheme aims to boost the growth of India’s domestic drone industry. 

(ET)      

JSW UAV Ltd, a fully-owned subsidiary of JSW Defence Pvt Ltd, has announced an investment of Rs 8 billion to set up an Unmanned Aerial Systems (UAS) manufacturing facility in Telangana. The company has signed a Memorandum of Understanding (MoU) with the Telangana government to establish the facility. Additionally, JSW Defence has formed a strategic partnership with Shield AI, Inc., a prominent U.S. defence technology firm, to localise and manufacture Shield AI’s ‘V-BAT’ UAS in India. The MoU was signed by Telangana Chief Minister K. Chandrashekar Rao and Parth Jindal of the JSW Group at the World Economic Forum in Davos, Switzerland. This initiative follows the central government's move in September 2021 to extend the production-linked incentive scheme to drone manufacturing, which includes airframes, propulsion systems, power systems, batteries, and related components. The scheme aims to boost the growth of India’s domestic drone industry. (ET)      

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?