The executive takeaway — So what?
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Executive Briefing
THE TAKEAWAY
- The Shift: Garuda Aerospace starts global expansion with HiiLSE Drones in Malaysia
- The Catalyst: “Plant to focus on cutting edge technology” Chennai, India: Garuda Aerospace Pvt Ltd, one of India’s leading drone companies has teamed up with HiiLSE…
- The Imperative: Check the verified details against your business exposure before making an operational or financial decision.
5W+1H INTELLIGENCE MATRIX
| WHAT — The Event | Garuda Aerospace starts global expansion with HiiLSE Drones in Malaysia |
|---|---|
| WHEN — The Timeline | Published June 23, 2022; check the article for any separate effective dates. |
| WHERE — The Scope | Geographic scope is not explicitly specified in the article metadata. |
| WHO — The Stakeholders | People and organisations named in the article; verify against the full report. |
Executive analysis is based on the article and the sources identified by the newsroom; unspecified facts or metrics are not inferred.
“Plant to focus on cutting edge technology”
Chennai, India: Garuda Aerospace Pvt Ltd, one of India’s leading drone companies has teamed up with HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up Southeast Asia’s first and largest HiiLSE Garuda Aerospace Plant. The plant will be spread over 2.42 hectares in Malaysia with an investment of Rupees 115 crores. The partners aim to focus on providing cutting-edge technology to both the government and private sectors all across the region.
Garuda Aerospace is one of India’s leading drone companies and manufacturers of 30 different types of drones and offers over 50 types of services such as precision agriculture spray, industry 4.0 up-gradation services, structural damage inspection, warehouse management, seed dropping, solar panel cleaning, project monitoring, drone delivery of medicines for hospitals and drone delivery of packages for food.
Garuda Aerospace intends to have a global footprint that impacts society in a positive way using robust technology that increases efficiency and reduces costs.
Reacting on the development, Mr. Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace said, “This partnership will define an ecosystem of drones with advanced artificial intelligence, machine learning, and deep learning technologies. With this partnership, Garuda Aerospace has transcended into India’s most valuable drone start-up, poised to scale globally and belief that the future is here and now.”
In a statement, HiiLSE Drones founder and CTO, Shanmugam S. Thanggavilo said “We are delighted to partner with Garuda Aerospace in setting up a drone manufacturing plant in Malaysia which focuses on technology and efficiency thereby reducing costs. Having such a plant in the region would create 3000 new jobs centered around drone expertise.”
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