New Delhi: Drone company Drone Destination on Monday said it has signed an agreement with cooperative major IFFCO for spraying agricultural products on 30 lakh acres of agricultural land.
According to company officials, under the agreement drone destinations can be paid between Rs 400 and Rs 800 per acre at current market rates, which means the deal could generate revenues of between Rs 120 crore in the lower price band and up to Rs 240 crore. will receive. At the upper price band.
Chirag Sharma, managing director and CE of Drone Destinations, said, "We have secured mandate for agricultural spray in 30 lakh acres. The prevailing market rate of such agricultural spray is Rs 400-800 per acre depending on the region and crop." Said.
As part of the agreement, Drone Destination will undertake drone spray in 1 state across the country. These states include Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand.
“We are very pleased to partner with IFFCO, the world's top cooperative, to transform Indian agriculture. Drones have a wide range of applications and their impact on agriculture is revolutionary, which is fundamental to human survival. Drones bring efficiency, scalability, “Accelerating agricultural practices in India will enable the sector to increase its contribution to GDP,” said Alok Sharma, President, Drone Destinations.
The drones will spray IFFCO Nano Urea, Nano DAP, Sagarika, IFFCO M Agro-chemicals and other IFFCO and IFFCO JV agricultural products with an aim to increase agricultural productivity and efficiency.
Other benefits under the agreement include opportunities to sell IFFC agro-inputs and drone spray products, the statement said.
According to company officials, under the agreement drone destinations can be paid between Rs 400 and Rs 800 per acre at current market rates, which means the deal could generate revenues of between Rs 120 crore in the lower price band and up to Rs 240 crore. will receive. At the upper price band.
Chirag Sharma, managing director and CE of Drone Destinations, said, "We have secured mandate for agricultural spray in 30 lakh acres. The prevailing market rate of such agricultural spray is Rs 400-800 per acre depending on the region and crop." Said.
As part of the agreement, Drone Destination will undertake drone spray in 1 state across the country. These states include Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand.
“We are very pleased to partner with IFFCO, the world's top cooperative, to transform Indian agriculture. Drones have a wide range of applications and their impact on agriculture is revolutionary, which is fundamental to human survival. Drones bring efficiency, scalability, “Accelerating agricultural practices in India will enable the sector to increase its contribution to GDP,” said Alok Sharma, President, Drone Destinations.
The drones will spray IFFCO Nano Urea, Nano DAP, Sagarika, IFFCO M Agro-chemicals and other IFFCO and IFFCO JV agricultural products with an aim to increase agricultural productivity and efficiency.
Other benefits under the agreement include opportunities to sell IFFC agro-inputs and drone spray products, the statement said.
