Chennai-based drone leader Garuda Aerospace has unveiled a unique and groundbreaking initiative: India's first-ever exclusive drone showroom. This industry-first destination offers a comprehensive drone experience for hobbyists and professionals alike.
In a tweet, the startup said, "Garuda Aerospace, India’s pioneering drone company, soars to new heights with the launch of the nation’s first exclusive Drone Showroom in Chennai. This milestone marks a paradigm shift in the aerospace industry, inviting you to experience cutting-edge innovations that redefine aerial capabilities. Expertise converges with advanced technology, seamlessly blending real-world applications with futuristic marvels. Immerse yourself in a world where machine learning and artificial intelligence power Garuda’s diverse fleet of over 400 drones and 500 skilled pilots. Witness the prowess of their 30 state-of-the-art models, including the Quadcopter procured by ISRO itself, and explore their comprehensive suite of over 50 specialized services catering to agriculture, infrastructure, security, and disaster management sectors."
Diverse Drone Selection & Interactive Learning
The showroom boasts a wide range of drones for various applications, including:
- First-Person View (FPV)
- Surveillance
- Videography
- Agriculture
- Inspections
- Recreational Flying
For an immersive learning experience, the showroom features high-tech interactive drone simulators equipped with VR goggles.
Revolutionizing Drone Adoption in India
The grand opening ceremony was graced by Dr. R Velraj, Vice Chancellor of Anna University, and Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. Dr. Velraj hailed the showroom as a revolutionary step, with plans for 300 pan-India showrooms to empower future drone adoption. This innovative concept is expected to boost consumer awareness and propel direct drone sales.
“We are thrilled to provide a platform for consumers and businesses to experience the transformative power of drone technology firsthand,” says Jayaprakash. “Our showroom empowers them with the knowledge and support they need to leverage this groundbreaking technology. Through nationwide expansion, we aim to revolutionize how drones are perceived and utilized across India.”
Garuda Aerospace, India’s pioneering drone company, soars to new heights with the launch of the nation’s first exclusive Drone Showroom in Chennai. This milestone marks a paradigm shift in the aerospace industry, inviting you to experience cutting-edge innovations that redefine… pic.twitter.com/5Un3GCnAEn
— Garuda Aerospace Pvt Ltd (@garuda_india) June 4, 2024
Garuda Aerospace Gears Up for IPO
Further solidifying its ambitions, Garuda Aerospace, backed by cricket legend Mahendra Singh Dhoni, has plans for an initial public offering (IPO) within the next 6-8 months.
Leading the Drone Industry
Founded in 2015, Garuda Aerospace has become a frontrunner in B2B drone solutions. The company boasts an impressive fleet of over 400 drones and 500 pilots operating across 84 cities. They are actively developing cutting-edge drone solutions for the armed forces in collaboration with global defense and aerospace giants.
Garuda Aerospace holds a dominant 50% market share in the precision agriculture drone market and owns a significant 20% of all registered drones in India.
The company has secured approvals from the Directorate General of Civil Aviation (DGCA) for manufacturing small and medium-category drones and pilot training. Their services span over 400 districts, with major contracts secured with corporations like Larsen & Toubro (L&T), Godrej, Reliance, and Cipla.
Exponential Growth and Market Demand
Garuda Aerospace projects a staggering turnover of Rs 120 crore to Rs 150 crore for the current fiscal year, a significant leap from Rs 47 crore last year. The company has garnered over 300 clients for its diverse drone services.
Jayaprakash emphasizes the growing interest from corporations seeking to leverage drones for enhanced efficiency and cost reduction, especially post-pandemic. He highlights the rising demand for drones in defense due to their prominent role in recent conflicts, alongside the surging interest in agriculture, fueled by government subsidies.
Taking Off to New Horizons
Garuda Aerospace's pioneering showroom and strategic expansion plans mark a significant milestone in mainstreaming drone technology in India. With an upcoming IPO and continued financial growth, the company is well-positioned to revolutionize various industries through their advanced drone solutions.
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