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India Gazette
an hour ago
- Business
- India Gazette
Union Minister Paswan inaugurates Garuda Aerospace's Agri-Drone Indigenisation Facility
Chennai (Tamil Nadu) [India], June 14 (ANI): Union Minister of State for Rural Development Kamlesh Paswan inaugurated Garuda Aerospace's new Agri-Drone Indigenisation Facility in Chennai on Saturday. The launch also witnessed a dynamic live demonstration of agri-drones by highly skilled Drone Didis, showcasing Garuda Aerospace's commitment to fostering self-reliance and innovation within the burgeoning drone ecosystem. The Minister also inaugurated 300 Centres of Excellence and flagged off Garuda Aerospace's DGCA-approved Train the Trainer (TTT) programme. Supporting this milestone launch were key members of the Bharat Drone Association (BDA), Rural Development Ministry release said. Speaking on the occasion, Kamlesh Paswan praised Garuda Aerospace and its Founder and CEO, Agnishwar Jayaprakash, for their visionary efforts in making India self-reliant in drone technology. He stated that Prime Minister Narendra Modi's vision of transforming India into a Global Drone Hub can truly be realized through the dedication of innovative companies like Garuda Aerospace, the release said. He also lauded the Bharat Drone Association for uniting local component manufacturers under one roof at the Indigenization Factory, a state-of-the-art facility capable of manufacturing over one lakh drones in the next two years. The Minister expressed his admiration, noting that he has never seen 2,000 agri-drones in a single location, as he witnessed at the Garuda Indigenous Manufacturing Facility--a feat showcasing India's capability to lead in drone innovation and scale. Agnishwar Jayaprakash said PM Modi 'gave us a vision in 2022 to manufacture one lakh Made-in-India drones by 2026'. 'We have delivered 4,000 drones so far, and are confident we will achieve this target in the next two years'. Spread across 35,000 square feet, Garuda Aerospace's Agri-Drone Indigenization Facility is the country's first-of-its-kind hub for the design, manufacturing, and rigorous testing of advanced Unmanned Aerial Systems (UAS). The new facility marks the expansion of Garuda Aerospace's existing manufacturing unit and is a major leap in advancing drone manufacturing and skill development in India, the release said. The Train the Trainer (TTT) programme is Garuda Aerospace's flagship skill building and development initiative which is designed to empower educators and professionals to become certified drone instructors. Additionally, the strategically located 300 Centres of Excellence (CoEs) across India in collaboration with academic institutions and industry partners will advance drone innovation, research, and skill development through a strong partner network, the release said. (ANI)
Hans India
6 hours ago
- Business
- Hans India
Dedication of young entrepreneurs can transform India into global drone hub: Minister
New Delhi: Dedication of young entrepreneurs can transform India into a global hub for drone technology, said Union Minister of State for Rural Development Kamlesh Paswan while inaugurating Garuda Aerospace's new agri-drone indigenisation facility in Chennai. The Minister also inaugurated 300 Centres of Excellence (CoE) and flagged off Garuda Aerospace's DGCA-approved Train the Trainer (TTT) programme. Paswan lauded Garuda Aerospace for its visionary efforts in making India self-reliant in drone technology. "Prime Minister Narendra Modi Ji's vision of transforming India into a global drone hub can truly be realised through the dedication of young entrepreneurs,' said Paswan. He also lauded the Bharat Drone Association for uniting local component manufacturers under one roof at the indigenisation factory, a state-of-the-art facility capable of manufacturing over 1 lakh drones in the next two years. The Minister expressed his admiration, noting that he had never seen 2,000 agri-drones in a single location, as he witnessed at the Garuda Indigenous Manufacturing Facility -- a remarkable feat showcasing India's capability to lead in drone innovation and scale. The launch also witnessed a dynamic live demonstration of Agri-Drones by highly skilled Drone Didis showcasing Garuda Aerospace's commitment to fostering self-reliance and innovation within the burgeoning drone ecosystem. 'Prime Minister Narendra Modi gave us a vision in 2022 to manufacture one lakh made-in-India drones by 2026. We have delivered 4,000 drones so far, and are confident we will achieve this target in the next two years,' said Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. Spread across 35,000 square feet Garuda Aerospace's state-of-the-art agri-drone indigenisation facility is the country's first-of-its-kind hub for the design, manufacturing, and rigorous testing of advanced Unmanned Aerial Systems (UAS). The new facility marks the expansion of Garuda Aerospace's existing manufacturing unit and is a major leap in advancing drone manufacturing and skill development in India. The TTT programme, on the other hand, is Garuda Aerospace's flagship skill-building and development initiative which is designed to empower educators and professionals to become certified drone instructors. In addition, the strategically located 300 Centres of Excellence (CoEs) across India in collaboration with academic institutions and industry partners will advance drone innovation, research, and skill development through a strong partner network.
New Straits Times
27-04-2025
- Business
- New Straits Times
MONEY THOUGHTS: Should intelligent investors embrace or abandon America?
THE late great novelist John Updike once wrote: "Adversity in immunological doses has its uses; more than that crushes." Updike was born in 1932 and died in 2009, which spared him having to live through Donald Trump's first presidency, and of course, Trump's much worse second stab at the most important job in the world. The terrifying capital market implosions in early April in the immediate aftermath of Trump's asininely miscalculated "Liberation Day" tariff announcements made relatively few prepared people wealthier, and many more much poorer. Although Updike was referring to general forms of adversity, as I look at our world today through an intentionally chosen financial lens, it seems to me that those of us who have experienced multiple up-and-down-and-up-again market cycles, AND who have extracted the correct investment lessons from those oscillating graphs, will have gained a vaccine-like resistance against bear-market-triggered despair. That's in contrast to the far more widespread panicked selling that less "vaccinated" market participants succumbed to recently. We should always remember: "When emotions run high, intelligence is low." So, do your best to stay smart, stay calm and stay optimistic. However, that doesn't mean being naive and abandoning an honest assessment of the world as it is. You see, regardless of which side of the political or ideological divide you stand, you should recognise the recent Trump Tariff Tantrum (TTT) has destabilised global trade. And despite Trump's subsequent panicked backtracking on the worst of those tariffs for most countries — the notable exception being China which, as I write this, is facing 125 per cent tariffs on most of its imports into the United States — extreme harm has been inflicted by Trump on regular folks who rely on dependable global supply chains humming along steadily. In case you're wondering, those "folks" I am referring to comprise most of Earth's 8.2 billion living humans. Please join me now on a brief journey back in time... THE AMERICAN EXPERIMENT Almost two centuries ago, a savvy, super-smart French aristocrat Count Alexis de Tocqueville (1805-1859) toured America in the early 1830s with his friend Gustave de Beaumont to research the US' early prison reforms. Beaumont and Tocqueville dove deep into their subject. Their efforts culminated in their co-authored, two-volume French language work which translates to: On the Penitentiary System in the United States, and its Application in France. Tocqueville was also fascinated by other things he observed about the US throughout his extensive travels there and in Canada. So much so, he later wrote a solo book, coincidentally also in two volumes (published in 1835 and 1840), entitled Democracy in America. To his credit, Tocqueville detested the slavery he observed in the US at that time. However, he also acknowledged many American positives. In his groundbreaking book he wrote: "Americans believe their freedom to be the best instrument and surest safeguard… to secure for themselves a government which will allow them to acquire the things they covet and which will not debar them from the peaceful enjoyment of those possessions." Today, we look upon such expectations as basic human rights for everyone worldwide. Yet in the early 19th century, that wasn't how most of the world lived. The American experiment was just beginning back then, and it has been an overwhelming success. Back in the 1830s, Tocqueville identified the reason for the then unparalleled vigour of the American nation. It boiled down to a widespread conviction shared by its pioneer generations that what mattered most were personal responsibility, honesty and diligence. In other words, meritocracy. Note: Tocqueville wasn't merely looking at early 19th century America through rose-tinted glasses. He looked squarely at its shortcomings, too. Nonetheless he observed a fascinating truth about the then young democracy: "The greatness of America lies not in being more enlightened than any other nation, but rather in her ability to repair her faults." ROAD AHEAD For us, here in 2025, despite the intense dislocations the world is facing because of appalling economic policies emanating from the White House, we would be unwise, as global investors, to write off America. Understand that despite Trump's disruptions to world trade and economic harmony, our global economy will keep growing — most years. And, predictably, that growth will generate portfolio profits and precious passive income for well diversified global investors. Our road ahead will undoubtedly be bumpy, perhaps for most of the next 3 ½ years — for obvious reasons. However, in due course, the US will sort out its sub-par leadership issues. Till then, stay courageously invested, ideally, globally. Also stay highly liquid. In closing, do pay heed to this fascinating statement, which is often attributed to Tocqueville even though it's precise wording is not found verbatim in any of his writings: "America is great because she is good. If America ceases to be good, America will cease to be great." I'm certain America will regain its footing in due course. Till then, as the world's greatest investor Warren Buffett once explained: "It's never paid to bet against America. We come through things, but it's not always a smooth ride." So, dear reader, be wise: Buckle up!
The Citizen
24-04-2025
- Business
- The Citizen
NWU empowers future STEP facilitators
As part of its commitment to fostering entrepreneurship education, the Bhive Enterprise Development Centre at the North-West University(NWU) recently hosted a Student Training for Entrepreneurial Promotion (STEP) Train-the-Trainer workshop at the Vanderbijlpark Campus. This initiative aimed to equip university staff and community members with the necessary skills to facilitate STEP sessions in the future. STEP is an internationally recognised programme designed to empower individuals with the knowledge, skills, and confidence to explore entrepreneurial careers. As its success relies on well-trained facilitators who can effectively deliver its curriculum, the five-day TTT workshop focused on building the capacity of future trainers, ensuring that they are equipped to guide and mentor aspiring entrepreneurs in various settings. Participants included representatives from Kitso, a Sharpeville-based non-governmental organisation focused on community development and skills training, as well as members from the Small Enterprise Finance Agency, the National Youth Development Agency, and the Vaal United Business Forum. NWU staff and other stakeholders also took part, strengthening cross-sector collaboration in entrepreneurship education. The workshop culminated in awarding STEP Trainer certificates, officially recognising successful candidates as certified facilitators. In addition, two further NWU staff members were certified as STEP Master Trainers, bringing the total number of NWU Master Trainers to four. This marks an important milestone in the NWU's ability to scale and sustain the STEP programme in the university and its surrounding communities. With this successful training, the NWU strengthens its role as a leader in entrepreneurial education, ensuring that future facilitators are well-equipped to nurture the next generation of business leaders. According to Prof Luzaan Hamilton (newly certified STEP Master Trainer), the workshop was a significant step in expanding the reach and effectiveness of the STEP programme, since it not only equipped future trainers with vital entrepreneurial skills, but also fostered stronger partnerships across key sectors, enhancing the overall impact on community development and youth empowerment. Newly certified STEP Master Trainer Annelie Steenkamp shares the sentiment that the STEP initiative at the NWU is a transformative programme designed to equip aspiring entrepreneurs with essential skills while enhancing the overall entrepreneurial ecosystem. 'By training facilitators to guide and inspire young entrepreneurs, we create a ripple effect of innovation and economic growth. This initiative highlights the NWU's commitment to fostering an entrepreneurial mindset, empowering individuals to turn their ideas into sustainable ventures, and driving a meaningful impact in our communities.' At Caxton, we employ humans to generate daily fresh news, not AI intervention. Happy reading!
