RattanIndia Enterprises is incorporating a wholly owned subsidiary of the company to kickstart the Drone business in India. This is in line with the stated business strategy of the Company to start businesses with cutting edge technologies with potential to transform the lives of billion plus Indians. The company had recently announced the strategic investment in US based Matternet, the world’s most extensive urban drone logistics platform with operations across many countries worldwide. In light of this strategic investment in Matternet, the company is incorporating a wholly owned subsidiary to kickstart UAV drone business operations in India.
Drone systems have wide variety of commercial and industrial applications in healthcare and e-commerce logistics, infrastructure monitoring, agriculture, weather monitoring, surveying, law and order and traffic monitoring. Drone systems will prove to be extremely transformative by providing cost effective solutions for developing countries like India, which have large urban agglomeration and ultrahigh population density and lack of fundamental infrastructure.
RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.
Company Name | CMP |
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SIS | 415.00 |
TeamLease Services | 2919.80 |
RattanIndia Ent | 78.90 |
Updater Services | 283.90 |
BLS Internatl.Serv | 315.35 |
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