Indian drone start-up Garuda Aerospace to set up plant in Malaysia
Chennai: India’s integrated drone manufacture and drone-as-a-service (DAAS) provider Garuda Aerospace Pvt. Ltd. will set up a production facility in Malaysia at an outlay of Rs 115 crore, said a top company official.
“We have decided to set up a drone production facility in Malaysia with a production capacity of about 50 drones per day. We will be importing the components from India and other countries,” Agnishwar Jayaprakash, Founder & CEO of Garuda Aerospace, told IANS.
The city-based company has tied up with with HiiLSE Global Sdn Bhd (HiiLSE Drones), a drone start-up in Malaysia.
