New Delhi: The largest drone manufacturer in Japan, ACSL, entering the Indian market in collaboration with Delhi-based arc business.
The JV company, ACSL India, has been formed with an initial investment of $ 3.5 million from two partners and will establish a manufacturing unit throughout India, the first will be ready in Coimbatore this October.
Arc Ventures MD Arjun Aggarwal told TII, the group also planned to enter the upcoming drone taxi and the Port Drone room in India.
“We plan to make in India for the world.
Arc Ventures will initially invest around Hospital 300 Crore in developing its drone ecosystem which will cover their manufacturing; care and improvement; develop software and expert personnel to operate it.
Our drone will meet Industrial and government requirements, “said Aggarwal.
Arc Ventures, he added, has worked with a number of governments and is in talks with several other countries as well.
“ACSL is a leading developer of safe and reliable drones targeted for high efficiency and durability.
It aims to expand its market outside Japan, especially in India.
Japan wants to ensure a sustainable supply chain for drones in developing countries and will support JVS like We are through funding and improving local engineer skills, “he said.