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Announcement Trentar Group acquires 76 per cent stake in the Chennai based UAV manufacturer

Mumbai (Maharashtra) [India], September 29 (ANI/BusinessWire India): Trentar Pvt Ltd announced yet another significant acquisitions in the UAV manufacturing sector, alongside a controlling stake with One of India's most innovative startups in the UAV Design to Delivery space, RFLY Innovations. The acquisition will focus on commercialising multirotors and helicopters for both commercial and defense segments in India and global markets. This acquisition along with the others done by Trentar recently will help make India independent and self-sufficient in the complete UAV Ecosystem. Trentar had recently acquired TM Aerospace which specializes in Fixed Wing UAV Platform and GarudaUAV, a leading Drone based services and platform company. Trentar had earlier committed to invest Rs. 100 Cr in 3 years to design and build specialized Drones for Defence and Civil purposes along with Indigenously built subsystems. Chennai-based RFLY Innovations specialises in the Multi Rotor segment and alrea

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