DroneAcharya Bags INR 70.8 Lakh Order for Drone Survey of Dholera SIR
Team Finance Saathi
04/Dec/2024

What's Covered under the Article:
- DroneAcharya has secured an INR 70.8 Lakh contract for a comprehensive drone survey of Dholera SIR in Gujarat.
- The project includes a high-precision drone survey using fixed-wing VTOL drones with PPK technology.
- The project, valued at INR 70.8 Lakh, will be executed in two phases over 10 weeks.
DroneAcharya Aerial Innovations Limited has announced an exciting milestone with the acquisition of new work orders to conduct a comprehensive drone survey of the Dholera Special Investment Region (SIR), Gujarat. This contract, valued at INR 70,80,000/-, was awarded by AgroCast Analytics Pvt. Ltd., a company incubated at IIT Gandhinagar, renowned for its expertise in advanced analytics and technology solutions tailored to the agriculture and infrastructure sectors.
The project will be executed in two phases, with Phase 1 valued at INR 35,40,000/-, marking a significant investment in modern drone technology to support India's urban and infrastructural growth. The total duration for this high-profile project is set at ten weeks, following the issuance of the service order, and involves the deployment of cutting-edge fixed-wing VTOL drones equipped with a 42 MP camera and PPK technology to ensure high-precision mapping and efficient data collection over a 242 square kilometer area of Dholera SIR.
Prateek Srivastava, the Founder and Managing Director of DroneAcharya Aerial Innovations, expressed his enthusiasm for the project, stating, "India's rapid urbanization and infrastructure development require cutting-edge technologies like drone surveys for accurate town mapping and planning. Projects like Dholera SIR showcase how drones can play a pivotal role in creating smarter, well-planned cities that align with India's vision of sustainable urban growth." This comment highlights the broader role that drone technology is expected to play in smart city initiatives and the development of India's urban infrastructure.
The contract, disclosed under Regulation 30 of SEBI's (Listing Obligations and Disclosure Requirements) Regulations, 2015, emphasizes DroneAcharya’s commitment to leveraging its expertise in drone technology for large-scale infrastructure projects, further solidifying its position as a leader in the sector. The announcement comes at a time when drone-based surveys are increasingly being recognized as a game-changing tool for mapping and planning large-scale urban developments, especially those involving complex infrastructure projects like Dholera SIR.
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As part of the announcement, additional disclosures were made as per the SEBI circular CIR/CFD/CMD/4/2015 dated September 09, 2015, and these have been included as Annexure 1 in the disclosure.
The project, covering an area of 242 square kilometers, will utilize advanced drone technology for surveying, a move that underscores the importance of precision in urban planning. With drones equipped with high-resolution cameras and PPK technology, this survey will provide accurate data crucial for designing sustainable urban infrastructure in Dholera SIR, which is set to be one of the key hubs of India's economic growth.
DroneAcharya’s role in this project is part of a larger movement to integrate drone technology into the core of India’s urbanization efforts. These technologies are reshaping how infrastructure projects are executed, offering more efficient, accurate, and scalable solutions than traditional methods.
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