Terra Drone Corporation, a Tokyo-based industrial drone solutions provider along with its subsidiary Terra Drone India has signed a tripartite MoU with IIT-Hyderabad to co-establish a first-of-its-kind Centre of Excellence for Unmanned Aerial Solutions (drones) here.
According to a press release by Terra Drone, under the MoU, the Japanese company and its indian subsidiary would offer a complete sales-service-support module for the drone ecosystem in India and is actively working to implement unmanned traffic management (UTM) for drones for various government departments.
Director of IIT Hyderabad, UB Desai said, "We are creating a unique educational ecosystem that combines interactive learning with cutting-edge research, strong industry collaboration, and entrepreneurship.
This pact with Terra Drone Corporation and Terra Drone India is a step in that direction."
As the world's fastest-growing major economy, the potential for commercial drone market in India is huge."