ideaForge Lands ₹1.37 Billion Defence Deal—Mini Drones, Major Impact!

In a significant push to India's domestic defense manufacturing, ideaForge Technology Ltd has won an order of ₹1.37 billion from the Ministry of Defence (MoD) for the supply of Mini Unmanned Aerial Vehicles (UAVs) and ancillary items. The deal is the government's additional push for Atmanirbhar Bharat in defense procurement and is ideaForge's growing dominance in the tactical drone space.

 

The order is in the context of mounting demand for sophisticated surveillance and reconnaissance technologies, especially for border and counterinsurgency operations. ideaForge, known for rugged, battlehardened UAV platforms like SWITCH and NETRA, will supply these systems under aggressive schedules, reinforcing its operational reputation even further.

 

Key Highlights:

This increase also aligns with the MoD's emergency procurement schemes and India's overall modernization of defense surveillance infrastructure. ideaForge establishes itself as a goto UAV provider with this win, possibly opening the door to future export opportunities.

 

Source: Reuters, Tickertape, INDmoney