Akihabara News (Tokyo) — Japan’s largest drone-maker Autonomous Control Systems Laboratory (ACSL) is making a move into the Indian market through a partnership with a local firm.
Tokyo-based ACSL has tied up with Delhi-based Arc Ventures to establish a joint venture called ACSL India, at an initial investment of US$3.5 million.
ACSL develops industrial drones used in various fields such as logistics, infrastructure inspection, and disasters. It has developed its own flight controller to manage its drones, which serves as a extra layer of security.
The joint venture is planning to build several manufacturing plants in the country, with the first one targeted to open in Coimbatore, Tamil Nadu, in October.
India’s overall drone market is expected to reach a value of US$1 billion by 2025.
Jyotiraditya Madhavrao Scindia, India’s minister of civil aviation, has remarked, “Drones are bringing the next tech revolution around the globe with reduced costs, resources, and time taken for operations. It is upon us to ride on the new wave and facilitate its uptake, especially among our startups.”
Sales will also be targeted to the region of Southeast Asia.
Last month, ACSL formed a partnership with Japan Post to begin drone mail deliveries in Japan.
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Source: Akihabara News – Japanese Drones in India