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India’s leading Digitech data-driven platform MapmyIndia today announced the launch of the Drone Innovation Challenge 1.0 in partnership with the Drone Federation of India (DFI). The company has also announced its solutions for the burgeoning Drone industry.
With this, the company aims to empower drone manufacturers, drone service providers, drone solution developers, and drone users, and enterprise customers in the country.
It includes solutions such as products, platforms, and APIs for advanced and interactive 2D, 3D, 4D, and HD digital mapping, GIS, geospatial analytics, and AI, as well as real-time drone identification and tracking IoT and flight operations automation.
Speaking on the development, Rohan Verma, CEO and Executive Director of MapmyIndia said:
“The Government of India introduced pathbreaking regulatory reforms in the geospatial industry in February 2021, which liberalized, unshackled, and unleashed the potential of the indigenous geospatial industry, for which we at MapmyIndia are extremely grateful. Similarly, they have started consultations for the draft Drone Rules 2021 which are aimed at liberalizing the drone sector, which is a very welcome and progressive step."
"At MapmyIndia, we are completely aligned with the Honourable Prime Minister’s vision of an Aatmanirbhar Bharat, and since our inception in 1995, have been focused on accelerating the advent of a Sarvottam Bharat, bringing the benefits of best-in-class, indigenously and in-house developed, digital maps and location technologies to all Indians and at the same time enabling India to become a global powerhouse in these strategically important sectors and advanced technologies.", he added.
According to a statement, Interested companies can register and apply for the Drone Innovation Challenge and the qualifiers will be given free access of up to Rs 4 lakhs each worth of MapmyIndia’s solutions, usage credits, and technical support.
Winners of the Challenge will be showcased widely and get up to Rs 1 crore or more worth of joint go-to-market support, business opportunities, and funding support opportunities, the statement added.
“The MapmyIndia-DFI Drone Innovation Challenge 1.0, a unique competition has been specially designed to encourage innovation at the grass-roots level, with an appeal for innovation-driven tech companies. This challenge, the first in a series of initiatives that have been jointly planned will help create new technologies and solutions that will not only enhance the utility of drones across sectors but also make them accessible to millions of Indians,” according to Smit Shah, Director, Drone Federation of India.
MapmyIndia is a technology company based in India that creates digital map data, telematics services, location-based SaaS, and GIS AI technologies. The company was established in 1992 and is headquartered in New Delhi, with regional offices in Mumbai and Bengaluru, as well as smaller offices throughout India. It also has international offices in Tokyo and the San Francisco Bay Area.
Rohan Verma claimed that India’s drone market will grow rapidly to a size of worth USD 1.8 Billion by 2026, and the company is focused on enabling, the best, most cutting edge drone solutions that positively benefit the Indian industry, economy, and society and ensure country’s and citizens’ safety, security and privacy.
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