Thales to pour in $1.2 billion in India
2021-10-19
According to news source, France based defence and aerospace company, Thales is increasing its investing in India especially in the drone sector.
The company is pouring in a billion euros (1.2 billion dollars). A major part of the investment will range from manufacturing to traffic management and countering rogue drones.
“Our solutions allow civil and military aviation authorities to detect — even without data transmission — and verify a drone’s registration number, identify its pilot, and confirm its flight authorisation, all in a few seconds.
The company estimates that the current market will grow at least 6 times in the next 5-8 years.
By the same time, to cope with unexpected or non-registered drones, detection and classification are the first steps before engaging a graduated response,” Ashish Saraf, Thales India VP & country director, told to a news source.
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