Prime Minister Narendra Modi recently held a crucial meeting with NITI Aayog officials and economists to discuss the upcoming budget for the financial year 2024-25. The meeting focused on key economic issues and strategies to boost growth and development in the country. PM Modi emphasized the need for innovative solutions and proactive policies to address the challenges faced by the Indian economy.
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Drone maker ideaForge plans higher R&D spend this fiscal year
City-based drone maker ideaForge is planning a higher R&D spend this fiscal year to develop technology and product platforms in the UAV space, in line with the government's focus on fostering domestic drone research. The company's CEO, Ankit Mehta, mentioned that R&D spending was 22% of revenues last year and is expected to increase further this year. IdeaForge aims to drive sustained growth in the UAV sector through continuous innovation and leveraging run-rate business for...
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