Dhaksha bags Rs 165 crore drone order from Indian Army

Chennai: Leading drone manufacturing firm Dhaksha Unmanned Systems has bagged a Rs 165 crore contract from Indian Army to supply 200 medium altitude logistics drones, along with their accessories. Daksha is a subsidiary of Coromandel International.

The firm has a technology collaboration with Anna University and is the sole player in the country to receive type certificates from the Directorate General of Civil Aviation (DGCA) for three drone models in the medium and small categories for agriculture and surveillance applications.

"The defence contract affirms Dhaksha's technological capability and its potential to seize opportunities in the unmanned aerial systems (UAS) space. This marks the entry of Coromandel and Murugappa Group into the Indian defence sector supplies. We are excited to partner with and support Dhaksha and drive the Atma Nirbhar Bharat vision in drone manufacturing," stated Arun Alagappan, executive vice chairman of Coromandel International.

Recently, Dhaksha also secured a contract from agricultural inputs cooperative Iffco to supply 400 agri-spraying drones. These drones are scheduled for delivery over the next 12 months. With the inclusion of the orders from the defence sector and Iffco, Dhaksha’s total orders for the current year have exceeded Rs 165 crore. The company also maintains a strong order pipeline, which will further augment the potential revenues for the current year.

(Defence Watch– India’s Defence News centre that places the spotlight on Defence Manufacturing, Defence Technology, Strategy and Military affairs is on Twitter. Follow us here and stay updated.)