JSW Defence, a part of the JSW Group has signed an MoU with the Telangana government to invest ₹800 crore in a drone production plant. Supported by a global partnership, this initiative is expected to strengthen Telangana’s position as a hub for advanced technology and innovation.
JSW Defence has signed a Memorandum of Understanding (MoU) with the Government of Telangana to establish a cutting-edge manufacturing facility for Unmanned Aerial Systems (UAS). The project represents an investment of ₹800 crore and aims to bolster India’s defence manufacturing capabilities. The MoU was finalised in the presence of Telangana Chief Minister Revant Reddy and JSW Group’s Parth Jindal.
As part of this plan JSW UAV, a branch of JSW Defence will work with Shield AI, a well-known defence technology company from the US. Together, they will focus on adapting and manufacturing Shield AI’s V-BAT, an advanced drone system. This partnership shows JSW’s dedication to improving India’s defence technology by bringing world-class expertise.
JSW Defence, part of the $24 billion JSW Group, works to boost India’s defence manufacturing. It focuses on modern technologies and partnerships like Shield AI to make advanced defence systems in India. The company aims to support innovation and create jobs in the defence sector.
It is a company specialising in developing artificial intelligence (AI) powered systems for drones and other aircraft. they create technology to protect service members and civilians with intelligent systems.
The establishment of the UAV manufacturing facility is expected to generate over 200 high-value jobs and position Telangana as a hub for advanced defence technology. Industries Minister Sridhar Babu highlighted the state’s commitment to building a strong support system for manufacturing and said this agreement would pave the way for more investments in the future.
Chief Minister Revant Reddy spoke about how Telangana has grown from being known for software and pharmaceuticals to becoming a top choice for different manufacturing industries such as defence, semiconductors and FMCG. He praised the state’s business-friendly policies and efforts to attract global investments. Parth Jindal also thanked the state for its support, saying this project shows JSW’s commitment to developing defence technology within India.
This collaboration marks a significant milestone in India’s journey toward self-reliance in defence and further strengthens Telangana’s position as a leading state for innovative industrial investments.
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Published on: Jan 24, 2025, 2:33 PM IST
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