Latest news with #RRPDefence
Economic Times
2 days ago
- Business
- Economic Times
RRP Defence partners with French firm CYGR to set up drone manufacturing plant
TIL Creatives AI generated image RRP Defence on Saturday announced that it has partnered with French firm CYGR to set up a drone manufacturing facility in India at an initial investment of around USD 50 million (around Rs 430 crore). This partnership aims to deliver advanced drone systems designed for tactical, surveillance, and industrial use, leveraging French-American technology and Indian manufacturing capability, the RRP group company said in a statement. The two companies are expected to invest USD 50 million initially in the facility, which will be scaled up to USD 100 million later, RRP Defence Chairman Rajendra Chodankar said. The facility, to be located in Navi Mumbai, will support the production of next-generation drones, including nano drones, ISR drones, and hand-launched fixed-wing drones. The focus would be on defence, homeland security, and industrial drone solutions, it said, adding that the plant would contribute to India's high-skill employment and aerospace exports. "By combining our local manufacturing strength and field understanding with CYGR's world-class drone technologies, we are building systems that meet India's unique operational needs," Chodankar said."Through this collaboration with RRP Defence Ltd, we are not only transferring technology, but also co-developing future-ready solutions that support India's defence and surveillance landscape," CYGR France Director George El Aily said.
News18
2 days ago
- Business
- News18
RRP Defence partners with French firm CYGR to set up drone manufacturing plant
Last Updated: Mumbai, Jul 19 (PTI) RRP Defence on Saturday announced that it has partnered with French firm CYGR to set up a drone manufacturing facility in India at an initial investment of around USD 50 million (around Rs 430 crore). This partnership aims to deliver advanced drone systems designed for tactical, surveillance, and industrial use, leveraging French-American technology and Indian manufacturing capability, the RRP group company said in a statement. The two companies are expected to invest USD 50 million initially in the facility, which will be scaled up to USD 100 million later, RRP Defence Chairman Rajendra Chodankar said. The facility, to be located in Navi Mumbai, will support the production of next-generation drones, including nano drones, ISR drones, and hand-launched fixed-wing drones. The focus would be on defence, homeland security, and industrial drone solutions, it said, adding that the plant would contribute to India's high-skill employment and aerospace exports. 'By combining our local manufacturing strength and field understanding with CYGR's world-class drone technologies, we are building systems that meet India's unique operational needs," Chodankar said. 'Through this collaboration with RRP Defence Ltd, we are not only transferring technology, but also co-developing future-ready solutions that support India's defence and surveillance landscape," CYGR France Director George El Aily said. PTI IAS BAL BAL view comments First Published: July 19, 2025, 15:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
2 days ago
- Business
- Business Standard
French firm CYGR, RRP Defence to launch $50 mn drone plant in Navi Mumbai
RRP Defence on Saturday announced that it has partnered with French firm CYGR to set up a drone manufacturing facility in India at an initial investment of around USD 50 million (around Rs 430 crore). This partnership aims to deliver advanced drone systems designed for tactical, surveillance, and industrial use, leveraging French-American technology and Indian manufacturing capability, the RRP group company said in a statement. The two companies are expected to invest USD 50 million initially in the facility, which will be scaled up to USD 100 million later, RRP Defence Chairman Rajendra Chodankar said. The facility, to be located in Navi Mumbai, will support the production of next-generation drones, including nano drones, ISR drones, and hand-launched fixed-wing drones. The focus would be on defence, homeland security, and industrial drone solutions, it said, adding that the plant would contribute to India's high-skill employment and aerospace exports. "By combining our local manufacturing strength and field understanding with CYGR's world-class drone technologies, we are building systems that meet India's unique operational needs," Chodankar said. "Through this collaboration with RRP Defence Ltd, we are not only transferring technology, but also co-developing future-ready solutions that support India's defence and surveillance landscape," CYGR France Director George El Aily said.
Time of India
2 days ago
- Business
- Time of India
RRP Defence partners with French firm CYGR to set up drone manufacturing plant
RRP Defence on Saturday announced that it has partnered with French firm CYGR to set up a drone manufacturing facility in India at an initial investment of around USD 50 million (around Rs 430 crore). This partnership aims to deliver advanced drone systems designed for tactical, surveillance, and industrial use, leveraging French-American technology and Indian manufacturing capability, the RRP group company said in a statement. Explore courses from Top Institutes in Select a Course Category healthcare Product Management Data Analytics Artificial Intelligence Technology Leadership Operations Management Project Management MBA Public Policy MCA Cybersecurity Digital Marketing Healthcare Degree CXO Data Science Finance others Others Design Thinking PGDM Data Science Management Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details The two companies are expected to invest USD 50 million initially in the facility, which will be scaled up to USD 100 million later, RRP Defence Chairman Rajendra Chodankar said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Struggling With Belly Fat? Try This at Home Home Fitness Hack Shop Now Undo The facility, to be located in Navi Mumbai , will support the production of next-generation drones, including nano drones, ISR drones, and hand-launched fixed-wing drones. The focus would be on defence, homeland security, and industrial drone solutions, it said, adding that the plant would contribute to India's high-skill employment and aerospace exports. Live Events "By combining our local manufacturing strength and field understanding with CYGR's world-class drone technologies, we are building systems that meet India's unique operational needs," Chodankar said. "Through this collaboration with RRP Defence Ltd, we are not only transferring technology, but also co-developing future-ready solutions that support India's defence and surveillance landscape," CYGR France Director George El Aily said.
