Published On:January 23 2025
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"JSW UAV to Invest ₹800 Crore in Telangana for Unmanned Aerial Systems Production"
The Government of Telangana has signed a Memorandum of Understanding (MoU) with JSW UAV Limited, a subsidiary of JSW Defence, to set up a manufacturing facility for Unmanned Aerial Systems (UAS) in the state. The agreement was finalized during the World Economic Forum in Davos, Switzerland.
JSW UAV, in partnership with a leading US-based defence technology company, will invest approximately ₹800 crore in the project. This initiative is expected to create over 200 high-value jobs, contributing to the state's economic and technological growth.
The announcement, made on Wednesday, highlights Telangana’s growing prominence as a hub for defence and aerospace manufacturing.
HBL