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IoTechWorld secures order for 500 drones from IFFCOqrcode

Jul. 11, 2023

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Jul. 11, 2023

Indian Farmers Fertiliser Cooperative Limited (IFFCO) plans to procure 2,500 drones for spraying its products, nano urea and nano DAP (Diammonium Phosphate).

IoTechWorld Avigation Pvt Ltd announced that it has emerged as a leader in the IFFCO drone project and secured a large contract from major cooperative IFFCO to supply 500 drones, which will be primarily used to spray nano liquid urea and DAP.

Indian Farmers Fertiliser Cooperative Limited (IFFCO) plans to procure 2,500 drones for spraying its products, nano urea and nano DAP (Diammonium Phosphate). IFFCO also plans to create 5,000 rural entrepreneurs, who would be trained for spraying via drones.

Gurugram-headquartered IoTechWorld, the manufacturer of India’s first DGCA-type certified drone ‘AGRIBOT’, has been Co-Founded by Deepak Bhardwaj and Anoop Upadhyay. IoTechWorld Avigation is also backed by leading agritech company Dhanuka Agritech Ltd.

″We are indeed privileged to receive the single biggest order for the purchase of Krishi-drones from IFFCO. The company will deliver 500 drones to IFFCO by December 2023,″ said Upadhyay.

He further said that since IoTechWorld’s inception, the endeavour has been to promote technological innovation in the field of agriculture, and the company is the pioneer of Krishi-drones in the country.

Elaborating on the large supply order from IFFCO, Co-founder Bhardwaj said the drone market is rapidly growing, and there has been tremendous demand from various companies, including fertiliser and pesticides companies as well as from rural entrepreneurs, including farmers.

″Our AGRIBOT (Krishi drone) has been specially designed and programmed for fertilisers. The order from IFFCO is a testament to our strength in the agri-drone segment. We aim to help farmers and Agri Entrepreneurs in the Implementation of made-in-India Nano Urea and Nano DAP newly launched by IFFCO,″ he said.

Besides IFFCO, IoTechWorld Avigation has partnered with agrochemical company Syngenta and has undertaken 17,000 KM of drone yatra in various parts of the country.

″We are expecting 5-6 times more demand in the current fiscal compared to last year, with a target of selling more than 3,000 drones in this fiscal year. We are also exploring opportunities for exports. The Government’s recent decision to liberalise the export policy for drones opens up a gamut of opportunity, and there is a huge demand in overseas markets,″ Upadhyay added.

The company is also in discussion for exporting drones in regions like SAARC, South East Asia, Latin America, Europe, Australia, New Zealand, Brazil, Oman, Bangladesh, Vietnam, Philippines, Nepal, and Africa, which are the focus countries of IoTech export sales.

The company is also extensively focusing on creating awareness about the benefits of using drones in agriculture. IoTech has also set up several small pilot training organisations where people are trained to fly drones.

Source: AgroSpectrum


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