5 months ago
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Raghu Vamsi Aerospace Group connected Monday formally launched its ₹100 crore DeepTech design, accumulation and integration installation astatine Hardware Park, adjacent Hyderabad planetary airport.
Six indigenous UAV and autonomous defence products nether a caller subsidiary and brand, Arrobot, were unveiled by the Group successful the beingness of Vice Chief of the Naval Staff Vice Admiral Sanjay Vatsayan; Bharat Dynamics CMD Commodore A. Madhavarao (retd.); Maj. Gen. Shivendra Kumar, ADG–EME, Indian Army; erstwhile Scientific Advisor to Defence Minister and erstwhile Chairman of DRDO G. Satheesh Reddy and others. Jet-powered loitering munitions, tethered surveillance drones, air-based rocket launchers and micro turbojet engines signifier portion of the products, with scope exceeding 300 km and speeds up to 650 kmph.
The Group besides signed 4 MoUs, including 1 with the 515 Army Base Workshop of the Indian Army for co-design, development, investigating and validation of precocious drone platforms and associated system. Others MoUs were with Bharat Dynamics for co-development and proviso of afloat indigenised 200 kgf thrust-class engines to powerfulness next-generation autonomous fighter-aircraft platforms; with IIIT Hyderabad for co-development of precocious AI-based autonomy, intelligent perception, swarm quality and ngo systems to accelerate astute UAV improvement for defence applications; and with ARCI for collaborative improvement of laser cladding, additive manufacturing, and thermal obstruction coating applications successful advancing caller aero motor technologies.
Located adjacent a clutch of different Raghu Vamsi arsenic good arsenic a ₹300 crore works the Group announced past year, the new, 25,000 sq ft installation volition location design-to-assembly manufacturing for unmanned aerial vehicles (UAVs), engines and precocious defence systems unit.
The caller installation strengthens its quality to enactment Indian strategical programmes and planetary customers with faster turnaround times and scalable production, Raghu Vamsi Aerospace Group said. The Group, which has 10 manufacturing sites successful 3 countries and much than 1,000 employees, expects the ₹300 crore manufacturing installation to beryllium acceptable by 2026. It volition comprise 3 buildings totalling 2.5 lakh sq ft feet connected 8 acres and estimated to make employment for implicit 2,000 radical implicit 3 years.
Founder and MD Vamsi Vikas said the Group bid publication for the adjacent 3 years is astir ₹1,500 crore and fixed the increasing request for the products a caller bigger manufacturing installation could not beryllium ruled out. The Group revenues are expected to transverse ₹500 crore this year.
