Swedish Firm Promoteq Announces ₹500 Cr UAV Plant In UP Defence Corridor

Promoteq, a Sweden-based innovator in unmanned aerial vehicle (UAV) technology, has announced plans to establish a state-of-the-art manufacturing plant in the Uttar Pradesh Defence Corridor.This ambitious project involves an investment of ₹500 crores, equivalent to approximately $55 million, marking a significant boost to India’s burgeoning defence manufacturing ecosystem.The facility will be
Promoteq, a Sweden-based innovator in unmanned aerial vehicle (UAV) technology, has announced plans to establish a state-of-the-art manufacturing plant in the Uttar Pradesh Defence Corridor.This ambitious project involves an investment of ₹500 crores, equivalent to approximately $55 million, marking a significant boost to India’s burgeoning defence manufacturing ecosystem.The facility will be
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