RattanIndia subsidiary NeoSky set to launch micro drones in India

New Delhi : Delhi based RattanIndia Enterprises (REL), that has interests in sectors like Fintech, e-commerce and emerging and new age technologies like EVs, UAVs, on Thursday announced its plans to develop and launch consumer micro drones across India, through its 100% subsidiary NeoSky India Ltd.

NeoSky is working on a well defined strategy and is aiming to be the first Indian company to achieve this milestone. These drones will be widely used, at weddings, in sports coverage, broadcasting, amateur travel vlogs, surveillance and warehouse management. Indigenously developed consumer micro drones, are largely expected to be better than the current options available in international markets. Integrating NextGen technologies & smart innovations these micro drones will be enabled with autonomous flight management capability and some industry first features.

In August ’21, Rattanindia Group had made a strategic investment in Silicon Valley, U.S.- based, on-demand drone delivery company “Matternet”, thereby marking its entry into the drone industry, in the process enhancing its experience profile. Matternet presently has operations in the U.S., Germany, Switzerland, Japan and Abu Dhabi and has completed more than 30,000 delivery-flights successfully.

With Govt. banning the drone import in all forms, i.e, CBU, SKD & CKD, there will be tremendous opportunities for Indian companies, especially in consumer micro drones and will lead to indigenous core manufacturing facilities, formation of component eco system, & research and product development capabilities.