News


Meeting with JETRO on Sunrise Industry - Drones

Feb 28, 2022

World Trade Center Shamshabad had held a high-level virtual meeting with officials of the Japan External Trade Organization (JETRO), a Japanese Government trade body that, works to promote mutual trade and investment between Japan and the rest of the world.

The meeting is arranged on the sidelines of the Government of India’s initiative to promote the usage of drones in the Agriculture Sector and Drones as a Service in the recent budget announced by the Federal Finance Minister Smt. Nirmala Sitaraman during her budget speech on 1st Feb 2022. Drones are being used currently in Mining Industry, Construction of high raises for monitoring the progress of work, Agriculture Sector for sowing of seeds, spraying of insecticides, pesticides etc., Health care for the delivery of medicines, financial sector for stockpile audits, to name a few sectors in India as of date.

World Trade Center Shamshabad has apprised the opportunities in drone manufacturing, supply of components, assembly of drones and Technology Transfer. There is a huge demand for drones and drone components but there is no sufficient supply as the policy for the import of drones is regulated at this point in time.

World Trade Center Shamshabad has offered all the possible assistance for Japanese companies for setting up manufacturing facilities or transfer of technology. The assistance offered by WTC Shamshabad is from identification of land to liaisoning with various departments for interested Japanese companies to set up their facility in Telangana. The Government of Telangana provides a single widow policy for setting up units in a time-bound manner.

The meeting is attended by Mr. Vaman Rao, Chairman of Kapil Group, Mr. Naresh Vididhineni, Managing Director, M/s. Dakshin Infrastructures Private Limited, Mr. Krishnaiah Vaddanapu, Managing Director, BVM Energy & Residency Private Limited, Dr. Bose Nair, President, Mr. Y. Varaprasad Reddy, Vice President, Ms. Srujana, Associate Director from World Trade Center Shamshabad, Mr. SVS Anjaneyulu from I2V Consulting Pvt Ltd., and Mr. Takashi SUZUK, Director General, JETRO Bengaluru  Ms. Dashmi Prathan on behalf of JETRO.