Garuda Aerospace bags TiE50 Awards 2024 for drone technology
Technology

Garuda Aerospace bags TiE50 Awards 2024 for drone technology

The win positions India as a key player in the global drone industry

  • By ICN Bureau | April 29, 2024

India’s leading drone manufacturer Garuda Aerospace has been recognised as the winner at the international TiE50 Award 2024 for its leading innovation and technology in the drone industry. The win positions India as a key player in the global drone industry.

The highly competitive annual award attracted participation from thousands of promising startups across the world. Garuda Aerospace emerged victorious post a rigorous selection process involving multiple rounds. Marking its 14th year, the TiE50 awards have been a hallmark of identifying and honoring the most impactful and disruptive technology-enabled startups.

Agnishwar Jayprakash, CEO and Founder, Garuda Aerospace said, “We are honored to be recognized as a TiE50 Award Winner. This award is a validation of our team's hard work and unwavering dedication. Garuda Aerospace is proud to represent India at an international level and position India as a global drone hub. We are committed to pushing the boundaries with continuous research and innovation, thereby contributing to the advancement of drone technology worldwide.”          

Backed by MS Dhoni, Garuda Aerospace is shaping the future of drone ecosystem in the country. Recently, the company secured orders of high-tech quadcopter drones from ISRO. Garuda Aerospace also dominates the drone market with 55% market share in agri drone category and 25% market share across all drones in India.

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