Telangana Soars with Unmanned Aerial Systems Deal
The Telangana government has signed a Memorandum of Understanding with JSW UAV Limited to establish a cutting-edge Unmanned Aerial Systems manufacturing facility in the state. This Rs 800 crore investment aims to create over 200 high-value jobs, bolstering Telangana's status as a technology and defense innovation hub.

- Country:
- India
The Telangana government has announced a significant collaboration with JSW UAV Limited, a subsidiary of JSW Defence, to build a state-of-the-art Unmanned Aerial Systems manufacturing facility. This move reflects a robust strategy to drive technological advancement in the region.
In a strategic partnership with a prominent US-based defense technology firm, JSW UAV intends to invest roughly Rs 800 crore. This initiative is poised to create over 200 high-value jobs, underscoring the state's emerging status as a nexus of technology and defense innovation.
Chief Minister A Revanth Reddy and Industries Minister D Sridhar Babu both expressed optimism, emphasizing the government's focused efforts to position Telangana as a premier destination for diverse manufacturing investments, from semiconductors to defense and beyond.
(With inputs from agencies.)
ALSO READ
China Courts Global Investment Amid Tensions at Beijing Summit
China Courted International Investment amidst Geopolitical Tensions
EIB Supports PBZ to Boost SMEs, Green Investments, and Gender Equality in Croatia
India Faces Decade-Low in Private Capex Amid Sluggish Investments
Sebi allows investment advisers, research analysts to charge advance fees for up to 1 year: Chairman Tuhin Kanta Pandey.