Creative Newtech Ltd

• Creative Newtech partners with PDRL for pan-India drone tech distribution. • Focus on agriculture, defence, enterprise sectors. • PDRL holds ~60% share in India’s drone software market. • Partnership aims to expand drone adoption nationally.

🚀 Overview of Partnership

• Creative Newtech Limited partners with Passenger Drone Research Limited (PDRL) for pan-India distribution of drone components and software.
• Creative Newtech will act as Business Growth Partner leveraging its nationwide network.

📈 Growing Role of Drones in India

• Drones have moved from experiments to practical applications in agriculture, logistics, defence, and enterprise.
• Government initiatives like Drone Didi Scheme are promoting drone adoption nationwide.

🔧 PDRL’s Market Position

• Founded in 2018, PDRL holds about 60% market share of India’s drone software.
• Its systems have flown over 3 million operations indicating strong reliability and compliance.

🌐 Role of Creative Newtech

• Will utilize its wide distribution scope to increase adoption of PDRL's indigenous drone technology across sectors.
• Enhances its portfolio in technology-driven sectors, including surveillance and mission-critical infrastructure.

📊 Quantitative Highlights

• PDRL dominates 60% of India’s agricultural drone software market.
• Completed 30 lakh+ flight operations.

💭 Perceptions

• This partnership suggests broadening commercialization and acceptance of indigenous drone tech supported by Indian government programs.
• Indicates strategic scaling aligned with regulatory compliance.

🗣️ Management Comments

• Creative Newtech's Chair notes alignment with long-term tech trends and structural demand.
• PDRL CEO highlights improved market reach to serve enterprise clients at scale with compliance focus.

In summary, the news reflects a significant collaboration to expand drone technology distribution across India’s key sectors with strong government and market backing.