| | DECEMBER 20238Indian drone frontrunner Aeroarc has formed partnerships with a prominent robotics company from the United States and received investment from a major Japanese drone firm. Collaborating with Philadelphia-based Ghost Robotics, a supplier to the US Army, Aeroarc will manufacture versatile robots within India and develop robotics catering to both local and global markets. Additionally, Aeroarc has obtained funding from ACSL, Japan's leading drone manufacturer, aiming to enhance India's robotics and unmanned systems supply chain through investment.In an undisclosed yet significant financial commitment, the joint venture Ghost Robotics India, headed by Arjun Aggarwal, Aeroarc's Managing Director and a director at Ghost Robotics India, will emphasize local production, product advancement, and talent acquisition within the region. This collaboration will involve technology transfer from the original equipment manufacturer. Adhering to the "Make in India" initiative, around 70 percent of robotic components will be manufactured locally, catering to tailored solutions for sectors such as healthcare, defense, and industrial automation."ACSL Japan recently concluded a fundraising round of 1.3 billion yen, allocated for global investments, notably in India. ACSL's initial investment of Rs.40 crore in Aeroarc aims to strengthen India's supply chain for robotics and unmanned systems", Aggarwal mentioned. The strategic alliance with ACSL intends to secure investments totaling $30 million for UAV and robotics projects within the next two years. AEROARC FORMS PARTNERSHIP WITH US ROBOTICS FIRMADANI INFRASTRUCTURE INDIA NAMES BIMAL DAYAL AS CEOIN FOCUSIN FOCUSBimal Dayal, previously in charge of Adani Energy Solutions' transmission business, has been named the CEO of Adani Infrastructure India. This appointment has received formal approval from AESL's board of directors. According to an official announcement by Adani Energy Solutions Ltd (AESL), Dayal's responsibilities will involve supervising the execution of various infrastructure ventures in thermal, renewable energy, and green hydrogen sectors under Adani Infrastructure India."The executive-level shift represents a significant move for the Adani group of companies, emphasizing their commitment to aggressively expanding the infrastructure business at a growth rate exceeding 15 percent annually", stated the company. "Recently, the portfolio disclosed intentions to invest more than Rs.7 lakh crore over the next decade, solidifying its position as India's foremost infrastructure entity", the statement continued.The present AESL management, led by Anil Sardana as Managing Director and Kandarp Patel overseeing all AESL verticals, will spearhead the ambitious growth of transmission, distribution, and smart meter segments. The alterations in leadership aim to bolster the advancement of the Adani Infrastructure business, as per the statement. AESL, an integral part of the Adani conglomerate, operates across various sectors encompassing power transmission, distribution, smart metering, and cooling solutions. It boasts a cumulative transmission network spanning 20,000 circuit km. With a strategic focus on smart metering, AESL aims to become the country's premier smart metering integrator. The company's comprehensive services, including expanding its distribution network via parallel licenses, underscore its commitment to revolutionizing the energy sector in a dependable, cost-effective, and sustainable manner.
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