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Dhruva Space to build 2.8 lakh sq ft facility for large scale spacecraft manufacturing

IndianStartupNews

IndianStartupNews · 1y ago

Dhruva Space to build 2.8 lakh sq ft facility for large scale spacecraft manufacturing

Hyderabad-based startup Dhruva Space has unveiled the first look of its 280,000 square-foot facility for the large-scale production of its space products. The facility, located in the TSIIC Hardware Park II in Shamshabad, will focus on indigenous manufacturing of satellite platforms and subsystems and other space equipment. The facility will be completed in phases over the next five years. Dhruva Space aims to position itself as a hotbed for space technology in India and create a world-class campus representing India's emerging stature in the world.

Related News

SatSure, Dhruva Space collaborate to offer end-to-end space-based solutions - The Economic Times

Economic Times

Economic Times · 2m ago

SatSure, Dhruva Space collaborate to offer end-to-end space-based solutions - The Economic Times

SatSure and Dhruva Space have partnered to offer earth observation-as-a-service solutions, integrating SatSure's downstream capabilities and Dhruva's upstream expertise. This collaboration aims to provide sovereign earth observation services with enhanced reliability and faster mission timelines. The initiative addresses increasing demand across sectors like defense, agriculture, and environmental monitoring. Dhruva is also establishing a 280,000 sq ft facility in Hyderabad for spacecraft manufacturing to support these initiatives.

Dhruva Space, Nabhdrishti Aerospace grab early-stage cheques

VCCircle

VCCircle · 1y ago

Dhruva Space, Nabhdrishti Aerospace grab early-stage cheques

Spacetech startup Dhruva Space has raised $9.3 million in a Series A2 funding round, led by Indian Angel Network's IAN Alpha Fund. The Hyderabad-based company has completed four space missions and is currently setting up a spacecraft manufacturing facility. Deeptech startup Nabhdrishti Aerospace has raised Rs 3 crore in pre-seed funding to aid the development of a fuel flex combustor prototype. The company designs and develops gas turbine engines for aviation and power generation. Both companies plan to use the funds to accelerate their product development and scale their operations.

Tesla India takes on lease 8,200 sq ft commercial space in Delhi's Aerocity

Economic Times

Economic Times · 21d ago

Tesla India takes on lease 8,200 sq ft commercial space in Delhi's Aerocity

Tesla is expanding its presence in India by leasing 8,200 sq ft of commercial space in Delhi’s Aerocity for Rs 17.22 lakh per month, according to CRE Matrix. The lease is for nine years, with a 15% rent escalation every 36 months. This follows Tesla's setup in Gurugram, Haryana, where it leased a 33,000 sq ft space for a service center and sales outlet. These moves indicate Tesla's commitment to strengthening its foothold in the Indian market.

Dixon To Manufacture PCs & Laptops For HP In India

Inc42 · 11m ago

Dixon To Manufacture PCs & Laptops For HP In India

HP India has partnered with the Indian government to boost domestic production of its products. The partnership will allow HP to take advantage of the government's production linked incentive scheme and establish a new manufacturing facility in Tamil Nadu. The facility, spanning 3 lakh sq. ft., will have the capacity to produce 2 million units per year and will create 1,500 jobs. This collaboration comes ahead of the upcoming expiration of the import authorization regime for IT hardware products on September 30.

Spring House Workspaces starts 28K sq ft co-working centre in Delhi

Economic Times

Economic Times · 1m ago

Spring House Workspaces starts 28K sq ft co-working centre in Delhi

Spring House Workspaces has launched a 28,000 sq ft co-working center in Saket, South Delhi, with a capacity for 450 seats. This expansion is in response to increasing demand from corporates for managed flexible workspaces. Founded by Mukul Pasricha, the company operates more than 20 centers in Delhi-NCR, covering over 8 lakh sq ft. A real estate consultant reports a surge in co-working space leasing across major cities in recent quarters.

Sumadhura Group gives on rent 5 lakh sq ft commercial spaces in Bengaluru, to earn Rs 50cr/yr

Economic Times

Economic Times · 22d ago

Sumadhura Group gives on rent 5 lakh sq ft commercial spaces in Bengaluru, to earn Rs 50cr/yr

Sumadhura Group has leased 5 lakh sq ft of commercial office and retail space in its flagship project, Sumadhura Capitol Towers, located in Whitefield, Bengaluru. This lease is projected to generate an annual rental income of Rs 50 crore for the company. Sumadhura Capitol Towers spans 8.67 acres and offers a total leasable area of 1.5 million sq ft. The strong demand for Grade A+ office spaces in Bengaluru is driven by multinational corporations establishing Global Capability Centers.

Schneider Electric to set up 500,000 sq ft manufacturing facility in Tamil Nadu

Economic Times

Economic Times · 2m ago

Schneider Electric to set up 500,000 sq ft manufacturing facility in Tamil Nadu

Schneider Electric is establishing a 500,000 sq ft manufacturing facility near Shoolagiri, Tamil Nadu, in partnership with Horizon Industrial Parks. The facility, part of Schneider's IT Business, is aimed at boosting production capacity and efficiency. Developed in two phases, the facility will feature advanced fire safety, power capacity, and dust-free manufacturing. It will support 1,500 initial jobs and include eco-friendly elements like solar panels and EV charging stations, enhancing Schneider's contributions to the 'Make in India' initiative.

Jeh Aerospace sets up manufacturing hub in Hyderabad

Economic Times

Economic Times · 1y ago

Jeh Aerospace sets up manufacturing hub in Hyderabad

Aerospace and defense manufacturing startup Jeh Aerospace has opened a manufacturing hub in Hyderabad, India. The facility will provide manufacturing solutions to the aerospace and defense industry. The hub, which can be expanded up to 160,000 sq ft, follows Jeh Aerospace's recent seed funding of $2.75 million from General Catalyst and industry veterans. The company aims to transform the global aerospace supply chain through its scalable manufacturing facilities and vetted supplier networks. The facility will enhance the industry's capabilities and resilience.

WeWork India signs lease agreements for co-working centres in Bengaluru, Hyderabad

Economic Times

Economic Times · 1y ago

WeWork India signs lease agreements for co-working centres in Bengaluru, Hyderabad

WeWork India has leased 2.72 lakh sq ft of office space in Bengaluru and Hyderabad to open two new co-working centres with around 4,000 desks. The company is expanding in South India and has signed lease agreements for Manyata Redwood in Bengaluru and RMZ Spire in Hyderabad. WeWork India has grown its portfolio to over 6.5 million sq ft across 50 locations in various cities in India. The Indian business is not affected by the bankruptcy proceedings of WeWork Global.

IndiQube launches ‘IndiQube Canvas’, an office interiors experience centre

YourStory

YourStory · 11m ago

IndiQube launches ‘IndiQube Canvas’, an office interiors experience centre

IndiQube, a workplace solutions provider, has launched 'IndiQube Canvas' in Bengaluru. Spanning 25,000 sq. ft., the facility offers various office setups and contemporary features for clients to design their ideal workspace. IndiQube aims to provide a fully immersive experience by showcasing a range of office interior solutions, such as furniture styles, partitions, and design elements. Founded in 2015, IndiQube operates 6.5 million sq. ft. of office space across multiple cities and has raised $45 million in funding. 'IndiQube Canvas' aims to cater to India's unique market demand for both modernity and affordability.

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