+
Aviation And Drone Firms Propose Rs Five bn Investment In Andhra Pradesh
ECONOMY & POLICY

Aviation And Drone Firms Propose Rs Five bn Investment In Andhra Pradesh

Two private companies have proposed investments totalling Rs five billion (bn) in Andhra Pradesh's aviation and drone sectors, the state investments and infrastructure minister said.

He discussed the proposals at separate meetings with representatives of KNOTS Aerospace of New Delhi and GGF Astraa Analytica of Hyderabad at the State Secretariat in Velagapudi in Amaravati and attributed the interest to industry friendly policies under the state leadership, saying they have created a favourable climate for sunrise sectors.

KNOTS Aerospace, led by Athiraj Singh Chawla, proposes to set up a Flight Training Organisation at either Nagarjuna Sagar Airport or Kurnool Airport and plans an investment of around Rs one billion (bn) over the next five years. The project is expected to generate nearly 100 direct jobs and will commence operations with six training aircraft, with a planned expansion of the fleet to 20 aircraft within five years. Company representatives presented technical and operational plans during the meeting while the minister invited a detailed project report.

GGF Astraa Analytica has proposed a comprehensive drone ecosystem in the proposed Kurnool Drone City, outlining an investment of about Rs four billion (bn) and the requirement of nearly 100 acres of land. The company presented its capabilities in drone research, assembly, manufacturing, testing, training and incubation and noted collaborations with organisations in London and Singapore. It indicated interest in applying drone solutions across public safety and event management.

GGF Astraa Analytica has expressed interest in deploying drone based services during the 2027 Godavari Pushkaralu for CCTV surveillance, security monitoring, crowd management and traffic regulation, and trial runs are scheduled for September. The minister invited both companies to submit detailed project reports and assured governmental facilitation and support in permitting and clearances. Officials will assess the outcome of trial runs before taking a final decision on deployment.

Two private companies have proposed investments totalling Rs five billion (bn) in Andhra Pradesh's aviation and drone sectors, the state investments and infrastructure minister said. He discussed the proposals at separate meetings with representatives of KNOTS Aerospace of New Delhi and GGF Astraa Analytica of Hyderabad at the State Secretariat in Velagapudi in Amaravati and attributed the interest to industry friendly policies under the state leadership, saying they have created a favourable climate for sunrise sectors. KNOTS Aerospace, led by Athiraj Singh Chawla, proposes to set up a Flight Training Organisation at either Nagarjuna Sagar Airport or Kurnool Airport and plans an investment of around Rs one billion (bn) over the next five years. The project is expected to generate nearly 100 direct jobs and will commence operations with six training aircraft, with a planned expansion of the fleet to 20 aircraft within five years. Company representatives presented technical and operational plans during the meeting while the minister invited a detailed project report. GGF Astraa Analytica has proposed a comprehensive drone ecosystem in the proposed Kurnool Drone City, outlining an investment of about Rs four billion (bn) and the requirement of nearly 100 acres of land. The company presented its capabilities in drone research, assembly, manufacturing, testing, training and incubation and noted collaborations with organisations in London and Singapore. It indicated interest in applying drone solutions across public safety and event management. GGF Astraa Analytica has expressed interest in deploying drone based services during the 2027 Godavari Pushkaralu for CCTV surveillance, security monitoring, crowd management and traffic regulation, and trial runs are scheduled for September. The minister invited both companies to submit detailed project reports and assured governmental facilitation and support in permitting and clearances. Officials will assess the outcome of trial runs before taking a final decision on deployment.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code