Chennai-based drone startup Garuda Aerospace Pvt Ltd on June 22 announced that it has teamed up with Malaysia-based HiiLSE Global Sdn Bhd (HiiLSE Drones) to set up a 2.42 hectares drone factory in Malaysia with an investment of Rs 115 crore.
India's digital payments market is expected to increase more than threefold from the current three trillion dollars to $10 trillion by 2026, as per the latest report by PhonePe.
At the United Nations Conference on Trade and Development (UNCTAD), India jumped one place to the 7th position as the top recipient of foreign direct investment (FDI) in the last calendar year (2021).
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