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Airport Authority of India signs MoU with Bharat taxi for enhanced last-mile connectivity at select airports
BusinessLine· 2026-02-08 04:13
Core Insights - The Airports Authority of India (AAI) has signed a Memorandum of Understanding (MoU) with Bharat Taxi to enhance cab services at various airports, focusing on passenger-friendly and regulated transportation options [1][2] - This partnership aims to improve last-mile connectivity for air travelers, ensuring transparent and fair pricing without surge charges, while also prioritizing driver welfare [2][3] Company Overview - Bharat Taxi operates as a driver-owned cooperative taxi service, supported by the National Cooperative Development Corporation and other cooperative institutions, distinguishing itself from traditional ride-hailing platforms [2][3] - The service is part of Bharat Taxi's expansion strategy, following its recent launch as India's first cooperative-based taxi service [4] Service Implementation - The collaboration will initially roll out services at airports in Rajkot, Vadodara, Surat, Bhuj, Pune, Aurangabad, Varanasi, Kanpur, Prayagraj, and Agra [4] - The initiative is expected to enhance passenger experiences by providing reliable, surge-free transportation while empowering local drivers through a cooperative framework [5] Strategic Partnerships - Bharat Taxi has established partnerships with various institutions, including the Delhi Traffic Police and State Bank of India, to facilitate regulated operations and integrated last-mile solutions [5]
EagleNXT Commences Deliveries with Vyom Drones to Serve India’s Growing Unmanned Vehicle Demands
Globenewswire· 2025-11-18 13:00
Core Insights - The strategic partnership between AgEagle Aerial Systems Inc. (EagleNXT) and Vyom Drones marks a significant milestone in advancing India's domestic drone manufacturing capabilities, with the delivery of the first two manufacturing kits for eBee X drones [1][2] - This collaboration aims to support India's "Atmanirbhar Bharat" initiative, promoting self-reliance through local production and distribution of drones [2][4] - The Indian drone market is projected to reach nearly $30 billion USD (2.5 trillion Indian rupees) by 2030, driven primarily by the defense sector, infrastructure, and agriculture [4] Company Overview - EagleNXT is recognized as a leading provider of advanced drone and aerial imaging solutions, with a strong focus on delivering high-performance drones and intelligent software solutions [6] - The eBee X drone is designed for efficiency and performance across various sectors, including infrastructure, security, and agriculture, equipped with advanced multispectral and oblique cameras [5] - EagleNXT has achieved multiple industry firsts, including FAA approvals for Operations Over People (OOP) and Beyond Visual Line of Sight (BVLOS), reinforcing its leadership in the drone industry [6] Industry Context - Vyom Drones is positioned as a key player in India's rapidly growing drone ecosystem, focusing on advanced drone solutions across diverse sectors such as surveying, security, and logistics [3] - The partnership with EagleNXT enables Vyom Drones to manufacture eBee X drones that comply with India's regulatory and operational standards, enhancing local manufacturing capabilities [3][4] - The Indian government prioritizes the drone sector as a cornerstone for technological and economic advancement, further supporting the growth of indigenous drone manufacturing [4]
L&T partners with US firm GA-ASI to manufacture combat drones in India
BusinessLine· 2025-10-31 06:56
Core Insights - Larsen & Toubro (L&T) has formed a strategic partnership with General Atomics Aeronautical Systems (GA-ASI) to manufacture Medium Altitude Long Endurance (MALE) remotely piloted aircraft systems in India for the armed forces [1][2] - L&T will act as the prime bidder for the Ministry of Defence's procurement of 87 MALE RPAS units, with GA-ASI providing technology support [2] - The collaboration aims to enhance India's self-reliance in defense manufacturing and aligns with the government's Atmanirbhar Bharat and Make in India initiatives [2][4] Company Overview - L&T is a $30 billion Indian multinational with a strong presence in engineering and precision manufacturing within the defense and aerospace sectors [4] - The company has maintained leadership positions in its core businesses for eight decades [4] Industry Impact - The partnership signifies a notable expansion of Indo-US defense cooperation and is expected to strengthen India's defense manufacturing ecosystem [4][5] - GA-ASI has extensive experience in unmanned aerial systems, with its Predator line having completed over 9 million flight hours globally [3]