Rattanindia Enterprises has appointed Peeyush Kumar as the head of the company’s drone business, which will be carried out by a fully-owned subsidiary that will be incorporated shortly in India. Peeyush Kumar was previously the CEO of Indian drones company Pixella and is said to have vast experience in drones, robotics, artificial intelligence (AI) and […]
Rattanindia Enterprises said that it welcomes the production linked incentive scheme (PLI scheme) for the drones and drone components industry announced by the Indian government. The PLI scheme is said to address the strategic, tactical, and operational uses of drone technology. According to Rattanindia Enterprises, a product specific PLI scheme for drones with clear revenue […]
RattanIndia Enterprises Ltd. (REL) said that it will invest in US-based urban drone logistics platform Matternet, in a move to enter into the unmanned aerial vehicle (UAV) industry. Based in Silicon Valley, Matternet is backed by investors such as Boeing, McKesson Ventures, Mercedes-Benz, and Sony. Founded in 2011, Matternet offers technology for on-demand, autonomous aerial […]