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Tata Steel inks MoU with Aarav Unmanned Systems

27 Jul 2022 Evaluate

Tata Steel has signed a Memorandum of Understanding (MoU) with Aarav Unmanned Systems (AUS), a Bangalore-based startup providing end-to-end drone solutions, for effective mine management. The primary goal of this collaboration is to jointly develop and offer sustainable & end-to-end integrated solutions that will focus on the efficiency, safety, and productivity of open cast mining operations.

Tata Steel will also work jointly with AUS to provide exclusive drone-based solutions including mine analytics and geo-technical mapping, to Tata Steel group companies across various stocks and mining locations in India.

Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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