Gopalan Aerospace plans to invest Rs 100 crore in R&D, technology, and product development over the next two years. 

The company has received significant interest and signed MoUs with foreign partners for joint development.

Elaborating on the partnerships, C. Prabhakar, director of Gopalan Enterprises, said, “The ‘Make in India’ initiative has encouraged many private players to collaborate with Indian companies. Earlier, we used to receive requests for proposals (RFPs) from the government, but now, many private players have shown interest.”

Currently, Gopalan Aerospace has partnered with five companies, including a Czech firm to develop passive radars and an Australian company for unmanned aerial vehicles (UAVs) and drones. 

“Many companies are coming forward to share technology with us because the Indian market holds the demand. Unless they have an Indian partner, they won’t secure orders, as the volumes are in India,” he explained.