Coromandel Boosts Stake in Dhaksha
ECONOMY & POLICY

Coromandel Boosts Stake in Dhaksha

Coromandel International, a leading Indian conglomerate, has intensified its investment in Dhaksha, a pioneering drone technology company. This strategic move underscores Coromandel's commitment to expanding its presence in cutting-edge technologies and reinforces its position as an innovative industry leader.

The decision to increase its stake in Dhaksha comes amidst a burgeoning interest in drone technology across various sectors, including agriculture, defence, and surveillance. With an investment of Rs 250 crore, Coromandel aims to leverage Dhaksha's expertise to drive innovation and efficiency across its operations.

Dhaksha, renowned for its advanced drone solutions, has carved a niche for itself in the rapidly evolving UAV (Unmanned Aerial Vehicle) market. By bolstering its partnership with Dhaksha, Coromandel seeks to harness the potential of drone technology to enhance productivity, streamline processes, and deliver value to its stakeholders.

This strategic collaboration between Coromandel and Dhaksha is poised to revolutionise several industries by introducing cutting-edge drone applications. From precision agriculture techniques to aerial surveillance and monitoring, the integration of drone technology promises to revolutionise traditional practices and unlock new avenues for growth and development.

Key stakeholders in sectors such as agriculture, defence, and infrastructure stand to benefit significantly from the synergies between Coromandel and Dhaksha. The infusion of capital underscores Coromandel's confidence in Dhaksha's capabilities and its commitment to fostering innovation-driven partnerships.

As the world transitions towards a technology-driven future, Coromandel's strategic investment in Dhaksha reaffirms its vision to embrace disruptive technologies and drive sustainable growth. This collaboration underscores the transformative potential of drone technology and positions both companies as frontrunners in the race towards innovation and progress

Coromandel International, a leading Indian conglomerate, has intensified its investment in Dhaksha, a pioneering drone technology company. This strategic move underscores Coromandel's commitment to expanding its presence in cutting-edge technologies and reinforces its position as an innovative industry leader. The decision to increase its stake in Dhaksha comes amidst a burgeoning interest in drone technology across various sectors, including agriculture, defence, and surveillance. With an investment of Rs 250 crore, Coromandel aims to leverage Dhaksha's expertise to drive innovation and efficiency across its operations. Dhaksha, renowned for its advanced drone solutions, has carved a niche for itself in the rapidly evolving UAV (Unmanned Aerial Vehicle) market. By bolstering its partnership with Dhaksha, Coromandel seeks to harness the potential of drone technology to enhance productivity, streamline processes, and deliver value to its stakeholders. This strategic collaboration between Coromandel and Dhaksha is poised to revolutionise several industries by introducing cutting-edge drone applications. From precision agriculture techniques to aerial surveillance and monitoring, the integration of drone technology promises to revolutionise traditional practices and unlock new avenues for growth and development. Key stakeholders in sectors such as agriculture, defence, and infrastructure stand to benefit significantly from the synergies between Coromandel and Dhaksha. The infusion of capital underscores Coromandel's confidence in Dhaksha's capabilities and its commitment to fostering innovation-driven partnerships. As the world transitions towards a technology-driven future, Coromandel's strategic investment in Dhaksha reaffirms its vision to embrace disruptive technologies and drive sustainable growth. This collaboration underscores the transformative potential of drone technology and positions both companies as frontrunners in the race towards innovation and progress

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement