1. Coromandel to acquire majority stake in drone start-up Dhaksha
Jun 30, 2023 · Murugappa group's Coromandel International has acquired a majority stake in Chennai-based drone start-up Dhaksha Unmanned Systems.
Murugappa group’s Coromandel International has acquired a majority stake in Chennai-based drone start-up Dhaksha Unmanned Systems.
2. Coromandel acquires majority stake in drone startup Dhaksha | Chennai ...
Jun 29, 2023 · CHENNAI: Murugappa Group company and agri solutions provider Coromandel International on Thursday acquired an additional 32.68% stake in ...
CHENNAI: Murugappa Group company and agri solutions provider Coromandel International on Thursday acquired an additional 32.
3. Coromandel International Expands its Technology Footprint
Jun 29, 2023 · Acquires majority stake in leading drone manufacturing company Dhaksha ... Murugappa Group is one of India's leading business conglomerates.
Acquires majority stake in leading drone manufacturing company Dhaksha Unmanned Systems Dhaksha is one of the few differentiated players in Drone technology and manufacturing in India Company caters to defence, government, agriculture, surveillance, logistics drone uses and provides drone pilot training Dhaksha is the 1st company in India to obtain DGCA Type Certification for commercial […]
4. Coromandel International acquires majority stake in drone company for ...
Jun 29, 2023 · Coromandel International, part of the industrial conglomerate Murugappa Group, will acquire the stakes through its wholly owned subsidiary ...
Fertiliser major Coromandel International Ltd is acquiring a majority stake in a city based drone company Dhaksha Unmanned Systems Private Ltd for a cash consideration of Rs 204.24 crore.
5. Drone Deal With Indian Army Lifts This Murugappa Group Stock - Benzinga
Missing: acquired | Show results with:acquired
Coromandel International is part of the Chennai-based Murugappa conglomerate.
6. Coromandel International Acquires Majority Stake in Agri Drone Startup ...
Jun 30, 2023 · Coromandel International, a subsidiary of the Murugappa Group and a leading agri solutions provider, has announced its acquisition of an ...
Coromandel International, a subsidiary of the Murugappa Group and a leading agri solutions provider, has announced its acquisition of an additional 32.68%
7. Coromandel to acquire majority stake in drone start-up Dhaksha - Magzter
Read this exciting story from The Morning Standard June 30, 2023. MURUGAPPA group's Coromandel International has acquired a majority stake in Chennai-based ...
Read this exciting story from The Morning Standard June 30, 2023. MURUGAPPA group's Coromandel International has acquired a majority stake in Chennai-based drone start-up Dhaksha Unmanned Systems.
8. Coromandel International acquring additional 32.68% in drone major ...
Jul 1, 2023 · Coromandel International, a company owned by the Murugappa Group, is acquiring an additional 32.68% stake in Chennai-based drone startup ...
Coromandel International, a company owned by the Murugappa Group, is acquiring an additional 32.68% stake in Chennai-based drone startup Dhaksha Unmanned Systems for Rs 204 crore.
9. Coromandel Increases Stake in Drone start-up Dhaksha to 51%
Jun 30, 2023 · Prior to this, the Murugappa Group had acquired an 18.34% stake in Daksha through its investment arm, Dare Ventures. As a result of this ...
Coromandel International, a prominent conglomerate, has purchased a 32.68% equity stake in Dhaksha Unmanned Systems (Dhaksha), a Chennai-based drone startup, for a total investment of INR 204 crore. The acquisition was m...
10. Dhaksha Unmanned Systems - CB Insights
It provides research and development for continuous product development (CPD), manufacturing and integration of drones, business development and pre-sales, and ...
Dhaksha Unmanned Systems provides a range of end-to-end unmanned aircraft system (UAS) technology solutions. Use the CB Insights Platform to explore Dhaksha Unmanned Systems's full profile.
11. Coromandel International Arm Dhaksha Unmanned Systems Bags ...
Aug 7, 2023 · Recently, Dhaksha has also bagged a 400-drone contract from agri inputs cooperative IFFCO for supply of agri-spraying drones.
Dhaksha Unmanned Systems Bags ₹165 Cr Order For Defence And Agri Drones | Coromandel International
12. [PDF] Ref. No - BSE
Sep 14, 2022 · In addition to having developed capability to manufacture battery-operated drones, Dhaksha is the only company ... Murugappa Group is one of ...
13. Murugappa Consolidates Indian Market Share - AgriBusiness Global
Murugappa Group, which recently acquired Sabero Organics, is looking to consolidate its agrochemical market share in India, according to an article.
Murugappa Group, which recently acquired Sabero Organics, is looking to consolidate its agrochemical market share in India, according to an article
14. Coromandel International Limited - Stock Opportunities
Aug 1, 2020 · Coromandel International, a company, is planning to increase its equity stake in Dhaksha Unmanned Systems, a drone start-up based in Chennai, by ...
Coromondel Concall What We Heard – Conference Call - Key Takeaways: Kharif Season: Better-than-normal southwest monsoon, improved soil moisture and increased reservoir levels resulted in the good crop sowing season, which shall lead to better Kharif yield, as well. Higher minimum support prices (MSP) for the Kharif crop will encourage the farmers to invest more in agri-inputs. For instance, the Government of Andhra Pradesh has given farm loan waiver up to Rs1lakh. While Telangana announce...
15. SPi Global buys Murugappa Group's BPO firm Laserwords - Reuters
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SPi Global, a Philippines-based outsourcing services provider, has acquired Chennai-based publishing BPO company Laserwords Private Limited, a part of $3 billion Murugappa Group. The company, in which group company Carborundum Universal holds 44 per cent stake, was sold...
16. 4 Indian Companies in the Exploding Drone Market - Equitymaster
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The futuristic drone industry in India holds immense promise now that the government has come out with new rules.
17. Coromandel International's Subsidiary Dhaksha Unmanned Systems ...
Aug 7, 2023 · Recently, Dhaksha has also bagged a 400-drone contract from agri inputs cooperative IFFCO for supply of agri-spraying drones. These are planned ...
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18. Coromandel Intl ups stake in Dhaksha for ₹204-Crore
Jun 29, 2023 · Coromandel International Limited, an arm of the Murugappa group, has decided to acquire an additional 32.68 per cent equity stake in Dhaksha ...
This investment follows the company’s recent announcement of its entry into Specialty Chemicals and Contract Manufacturing (CDMO) businesses: Arun Alagappan
19. Dhaksha Unmanned Systems bags order of 200 logistics drones for ...
Aug 8, 2023 · dhaksha unmanned systems, a subsidiary of coromandel international and a leading indian drone manufacturer, has secured a contract to supply ...
Dhaksha Unmanned Systems, a subsidiary of Coromandel International and a leading Indian drone manufacturer, has secured a contract to supply 200 medium-altitude logistics drones, along with their accessories, to the Indian Army.
FAQs
Which Murugappa Group Company Has Recently Acquired A Drone Manufacturer? ›
| S.No. | Top Drone Companies in India 2023 List |
|---|---|
| 1. | Info Edge (India) |
| 2. | Droneacharya Aerial Innovations |
| 3. | Paras Defence & Space Technologies |
| 4. | Zen Technologies |
Market Share
The best drone companies demonstrate higher market share and remain at the forefront of innovation. For instance, DJI, the Chinese tech giant, is currently the top drone manufacturer with a staggering 74.3% market share, followed by Parrot, Yuneec, Autel Robotics, and Ehang.
Headquartered in Guangdong, China, DJI stands tall as the world's leading drone manufacturer. With a strong focus on innovation and quality, DJI has captured the hearts of drone enthusiasts worldwide.
Who is the largest drone producer in India? ›Apart from agricultural support, it offers mapping applications and is used extensively for defence, security and surveillance. Ideaforge is by far the largest Indian pure-play drone manufacturer, and it's profitable.
Which drone is made in India? ›Aarav Unmanned Systems
Aarav Unmanned Systems, which was founded in 2013, provides complete drone solutions and is one of the biggest drone companies in India.
The DRDO-designed Tapas BH-201 drone is reportedly capable of flying for only 18 hours. The only other drone that can meet the requirement of more than 30 hours of endurance appears to be an entirely new clean-sheet drone under development, called Archer-NG, which has not yet conducted its first flight.
Which drone India purchased from USA? ›In recognition of the increasing importance of Unmanned Aerial Vehicles (UAVs) or drones over the modern battlefield, and after years of deliberations and analysis, the Indian armed forces have decided to acquire 31 MQ-9B High Altitude Long Endurance (HALE) UAVs manufactured by General Atomics of the US.