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French Company Thales To Invest $1.2 Billion In India Over 5 Years

(This was originally posted in Times Of India by Saurabh Sinha)

French aerospace and defence major Thales Group is betting big on India — especially the emerging drone space here and has decided to invest a billion euros (about $1.2 billion) in the country over the next five years. Its drone offerings — that range from manufacturing to traffic management and countering rogue drones — will account for a significant part of this planned mega-investment. “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 authorization, all in a few seconds.

India currently has 6 lakh drones, a number that the French major expects will rise at least six times in 5-8 years. “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 authorization, all in a few seconds.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 TOI.

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Times Of India

Kartik Sud

I am working as a News Author With the DefenceXP network, Observing LOC and LAC

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