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News on Medial
Drone Destination signs pact with IFFCO for spraying agri products on 30 lakh acres of farm land
Money Control
·
1y ago
Medial
Drone Destination has entered into an agreement with agricultural cooperative IFFCO for spraying agricultural products on up to 30 lakh acres of farmland in 12 states across India. The deal is expected to generate revenue of around Rs 120 crore to Rs 240 crore. The drones will be used to spray IFFCO's agri-products, with the aim of improving agricultural productivity and efficiency. This partnership is expected to revolutionize Indian agriculture and increase its contribution to GDP. It also opens up opportunities for the sale of IFFCO's agri-inputs and products for drone spray.
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Related News
DeHaat Inks Pact With Drone Destination To Offer Agri-Drone Solutions
Inc42
·
11m ago
Medial
DeHaat and Drone Destination have announced a collaboration to aggregate orders for drone spray services. DeHaat will list Drone Destination as a service provider on its platform, while the agritech company will also list its agricultural products on the drone tech startup. The Indian drone tech space is projected to reach a market size of $13 billion by 2030.
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MS Dhoni backed Garuda Aerospace bags 400 Agri Kisan drone orders from IFFCO
Economic Times
·
2y ago
Medial
MS Dhoni backed drone manufacturer Garuda Aerospace said on Tuesday it has secured an order of 400 Agri Kisan Drones from Indian Farmers Fertilizer Cooperative Limited (IFFCO). This takes Garuda Aerospace's order book tally to 10,000 drones for this year within the first three months, it said in a statement.
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Microsoft Buys Another 16.4 Acre Plot In Pune For INR 435 Cr
Inc42
·
11m ago
Medial
Microsoft has acquired a 16.4 acre plot of land in Pune, India for a total investment of INR 27.18 crore. This is part of their recent acquisitions in Pune, which now totals over 30 acres of land with a total investment of INR 973 crore. The previous acquisition included a 13.6 acre land parcel for INR 520 crore.
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Husband Wife Farm: Organic moringa startup earns ₹10 lakh/acre
Inshorts
·
5m ago
Medial
Jitendra and Sarala left their corporate jobs to start Husband Wife Farm, growing organic moringa on their ancestral land. They ensure nutrient-rich produce using sustainable practices like no-till farming, mulching, and organic composting. Their farm generates ₹10 lakh per acre, tapping into the booming global moringa market while promoting health, sustainability, and entrepreneurship.
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Microsoft has shelled out $76 million for a pumpkin farm in Wisconsin
Business Insider
·
1y ago
Medial
Microsoft has purchased 407 acres of land in Wisconsin for a new data center campus, including a pumpkin farm attraction. The $76 million deal with the Creuziger family is a major win for them, as it was more than three times the amount offered by the local government in 2017. Microsoft has also made other land deals in the region, with construction already underway for the first phase. The company expects the data center to create jobs and meet the increasing demand for computing power in AI technology.
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Vivo Gets Partial Occupancy Certificate For Manufacturing Unit In Noida
Inc42
·
1y ago
Medial
Vivo has been allocated 169 acres of land by YEIDA to build its assembly and SMT lines, with a total built-up area of 1.6 lakh sqm. Once completed, the production capacity will increase to 120 million smartphones per year, leading to the creation of 16,000 new jobs.
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Kothari Industrial Corporation launches agri-products that can boost farm output
Economic Times
·
2m ago
Medial
Kothari Industrial Corporation Ltd has introduced 30 new agro-products to enhance agricultural output and meet farmers' needs. These offerings include bio and organic fertilizers, insecticides, fungicides, and neem-based variants such as Kothari Bioshakthi Gold and Kothari Neem Power. The company, led by Executive Chairman Dr. Rafiq Ahmed, aims to empower farmers and address challenges related to pests and diseases, offering solutions like drone-based spraying to improve farming practices.
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Ashiana Housing buys 23-acre land in Chennai, eyes Rs 1,200 cr revenue from senior living project
Economic Times
·
3d ago
Medial
Ashiana Housing has acquired nearly 23 acres of land in Chennai from Mahindra World City Developers for developing a senior living project. This project is expected to generate revenue of Rs 1,200 crore. The land, acquired on a perpetual lease basis, is adjacent to Ashiana's existing Senior Living project, 'Ashiana Vatsalya,' and offers a saleable area of approximately 15 lakh sq ft. Ashiana Housing plans to expand further into Bengaluru and Mumbai.
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ED restores Rs 1,000 cr worth assets to Andhra govt to help Ponzi victims
Economic Times
·
2m ago
Medial
The Enforcement Directorate (ED) has restored assets worth over Rs 1,000 crore to the Andhra Pradesh government to aid victims of the Agri Gold Ponzi scheme. The scheme involved the Agri Gold group collecting deposits from 19 lakh customers under the pretense of real estate investment, which turned fraudulent. The assets, including agricultural land and plots, will be handed to victims, marking a significant restitution step under the Prevention of Money Laundering Act.
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Bhopal man starts double-storey goat farm, now earns in lakhs
Inshorts
·
5m ago
Medial
With a desire to move out of his comfort zone, Sameer Ismail started the Bhopal Goat and Agro Farm in 2021. This double-storey farm operates on well-researched methods of raising and breeding goats. With an optimum capacity of 300 to 350 goats, the farm is smell-free and disease-free as well. In FY24, the revenue figure came at roughly ₹30 lakh.
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