Droneacharya Aerial Innovations has informed that DroneAcharya Aerial Innovations has joined hands as a business partner with Gridbots Technologies, a company based out of Ahmedabad, Gujarat for the following purposes: Manufacturing of Drones; Development of product(s) and new technologies; Cross selling of products/ services developed together and which are offered currently; Mutual sharing of technology, knowledge, network & resources for projects. Through this collaboration DroneAcharya will be starting a new business vertical, of manufacturing drones. For this purpose, DroneAcharya will be setting up its own manufacturing unit in the city of Pune where its corporate office is situated.
The above information is a part of company’s filings submitted to BSE.
