Dorf Ketal's Trentar to invest Rs. 100Cr in UAV Manufacturing
New Delhi, Aug 9
Dorf Ketal's Group Company, Trentar Pvt Ltd, announced the launching of their Unmanned Aerial Vehicle(UAV) manufacturing division and the appointment of Dhruv Arora as the CEO of the Division. Dhruv Arora is a veteran and has been part of the evolution of the UAV industry for the past 18 years. He is well known in the Global Drone Industry for his innovation, design, and technical capabilities. He is a specialist in designing VTOL fixed-wing UAVs. Trentar had recently acquired GarudaUAV, a leading DroneDrone based services and platform company.
GarudaUAV has already started growing aggressively with Trentar's intervention. With this development, Trentar will be able to create the complete Drone EcoSystem under one Roof.
With liberal Drone Policies being planned globally, good quality and safe Drone Hardware will be the need of the hour for various applications both for Defence and Civil purposes. Trentar intends to address this in a brief period.
Commenting on the acquisition, Mr. Sudhir Menon, Chairman, Dorf Ketal, said, "The domain expertise, Dhruv Arora has, because of being in the industry for the last 18 years, will truly help Trentar in its vision of becoming a formidable Drone Manufacturer, Globally. The target is to have the first DroneDrone from the Trentar's stable in the next 6 months. The plan is to create an Enterprise predominantly through the inorganic growth route, globally ".
Mr. Dhruv Arora said, "I am very excited to lead the UAV Manufacturing Division of Trentar. We are looking forward to collaborating, designing and delivering world-class UAVs to the Indian and Global Markets. We will be focusing on design, development, and manufacture of fully integrated UAVs & Subsystems ".
Mr. Subodh Menon, Founder, Dorf Ketal, expresses, "Trentar plans to invest Rs. 100 Cr in the next 3 years to design and build specialized Drones for Defence and Civil purposes along with subsystems like AutoPilot, Communication Systems. This will help in India being "Atmanirbhar" and at the same time build world-class drones on Indian Soil. We also plan to acquire companies with complimenting and cutting-edge technologies to augment the Trentar stable. Dhruv joining us will surely help us realize our dreams and vision to put India on the Global Drone map through the Global Presence & Goodwill of Dorf Ketal/Trentar.
Trentar Acquires 75% stake in GarudaUAV
On Aug 15, Trentar announced one of the most significant acquisitions alongside a controlling stake with India's leading Drone-based Service provider and AI Powered Platform Company, GardudaUAV. This acquisition will focus on igniting and scaling-up new-age businesses based on Drone Services and Software.
While the pandemic has created an unprecedented spike to rely on technology, there's an ardent need to scale up Drone-based Services to help automate and digitize hitherto manual processes like mapping, surveying, inspection, maintenance, surveillance. Drones deliver aerial data sets with improved accuracy, enhanced safety, and reduced costs.
Commenting on the acquisition, Mr. Sudhir Menon, Chairman, Dorf Ketal, said, "The Domain Expertise Dorf Ketal has because of working with the prominent players in the Upstream and Downstream of Oil & Gas, Ethylene sector for the last 3 decades helped ARITAR to launch focused AI Solutions for these sectors. In the same manner, it will help GarudaUAV also to be equipped instantaneously to address these verticals and ensure safe implementation. Our primary expertise is focused on operational and environmental efficiencies. This acquisition is an advancement of our long-term goals".
Mr. Brijesh Pandey, Founder&CEO of GarudaUAV, said, "In the last 4 years, GarudaUAV had acquired more than 150 customers in more than 14 different verticals to become a formidable player in the Drone Based Services space. Efficient Service Delivery coupled with an intelligent platform has given us the leadership position in this space. This acquisition by Trentar will provide us the much-needed tailwind to boost our growth most effectively and that too in the shortest period".
Mr. Subodh Menon, Founder, Dorf Ketal, expresses, "Trentar has been launched with the objective of creating a strong presence for Dorf Ketal group in the New Age Industries like Drone based services/software, AI, Robotics, Circular Economy. This acquisition is strategic in nature as the plan is to transform GarudaUAV into a Formidable Enterprise through the Global Presence & Goodwill of Dorf Ketal. We also plan to acquire companies with complimenting and cutting edge technologies to take the delivery of GarudaUAV’s services notches ahead. The initial game plan is to create an Enterprise predominantly through the inorganic growth route, globally.
GarudaUAV specializes in aerial data acquisition, analysis, and reporting. They use their AI-powered enterprise drone platform BlueHawk to collect, classify, analyze, and report data. The firm was recognized as an innovative start-up by the Indian government (DIPP) and has worked with some of India's and the world's most well-known companies. GarudaUAV provides actionable aerial Intelligence for the O&M, Mapping & Survey functions.
About Dorf Ketal & Trentar
Dorf Ketal Chemicals (www.dorfketal.com) is a privately-owned global specialty Chemicals Company based in Mumbai, India with operations in the Asia Pacific, China, Europe, South America and North America. The firm's core strategic focus on new chemistries is reflected in numerous patents and industry recognition for innovation to solve our customer's most demanding problems.
Trentar Private Limited is the subsidiary of Dorf Ketal concentrating in the New Age/Sunrise Industries. It plans to offer specialized solutions for various Industry verticals partnering with ARITAR, the Artificial Intelligence arm of Dorf Ketal, focusing on Domain Intelligent ML AI Engines and agile methodologies.
About GarudaUAV
GarudaUAV is a leading platform based drone survey & inspection company in India. They automate manual processes to make your operations and maintenance tasks efficient, expedient and economical.
Their services include drone survey, mapping, visual and thermal inspection to solar plants, transmission lines & utilities, wind turbines, thermal plants, factories, dams and hydro power projects, telecom towers, coal & mine. They also offer construction progress monitoring services, post-disaster surveys for highways, rail and metro projects, oil and gas pipelines and plants, construction sites and general insurance assets.
The learnings from each project being executed help enhancing their proprietary AI powered platform BlueHawk, which will be launched as a SAS offering shortly.
More information available at www.garudauav.com