RattanIndia Enterprises, through its wholly-owned subsidiary NeoSky, has entered the drone sector in India and plans to begin commercial operations in the first quarter of 2023, according to a senior company official.
RattanIndia Enterprises Business Chairperson Anjali Rattan Nashier told PTI that the business has set aside an initial investment of Rs 100 crore in NeoSky, which will design, manufacture, and distribute consumer micro drones across India.
She stated that RattanIndia will invest “easily about Rs 100 crore” in the drone market in the near future.
