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IoTechWorld and Pix4D collaboratively orchestrated ‘India’s largest Workshop for Crop Health Monitoring using drones,’ with Cody Sokkappa of Pix4D Japan as the lead instructor

Drone manufacturer IoTechWorld Avigation said it has joined hands with Switzerland-based company Pix4D which specialises in photogrammetry software technology to jointly offer precision farming solutions in the country.

Commenting upon the tie-up between the two companies, Deepak Bhardwaj, Co-Founder and Director, of IoTechWorld Avigation said, “We are witnessing an agri-drone revolution in the country and gradually we are moving towards precision farming. Our association is to foster awareness about drone-enabled crop health monitoring.”

Underlining the objective of the association, Anoop Upadhyay, Co-Founder and Director, of IoTechWorld Avigation said, “Initially our approach involves the creation of awareness among Industry, Researchers, and Academia. Subsequently, we will create awareness among farmers as well.”

Expressing the rationale behind the association, Mitul Arora, Business Development Lead – India & South Asia, Pix4D said, “Everyone needs a customized and one-stop solution. IoTechWorld has drone technology and multi-spectral sensors by the name Sequoia and now they will have our photogrammetry technology too. So, through this association, a one-stop solution will be provided to all, and this will be beneficial for the govt research institutes, crop insurance and other associated specialised tasks.”

India is undergoing a tremendous transformation in the agriculture sector and adoption of technology is happening at an unprecedented level. This opens a huge opportunity and this association is expected to enable faster and deeper integration of technology in various spheres of agriculture.

IoTechWorld is the manufacturer of India’s 1st DGCA Type certified agri-drone ‘AGRIBOT’ and is the pioneer in this segment.

Whereas, Switzerland-headquartered Pix4D is recognized for its Pix4Dfields Software, a cutting-edge solution designed for advanced agricultural mapping. The software processes RGB and multispectral data for aerial crop analysis and digital farming. Pix4D has offices in 7 countries across multiple continents meeting the requirements of these as well as neighboring countries.
IoTechWorld and Pix4D collaboratively orchestrated ‘India’s largest Workshop for Crop Health Monitoring using drones,’ with Cody Sokkappa of Pix4D Japan as the lead instructor. The event drew approximately 70 attendees, predominantly comprised of scientists from governmental institutions. Additionally, a cohort of researchers from esteemed crop protection firms, including Syngenta and BASF, also took part in the workshop.

IoTechWorld and Pix4D collaboratively orchestrated ‘India’s largest

AgroPolicy, Agrotech, Finance, India, Schemes - Govt, Start ups, Sustainability

This scheme has multiple features to help the industry

The Ministry of Civil Aviation has disbursed an amount of Rs 30 crores to the beneficiaries during the year 2022-23 under the PLI Scheme for Drones and Drone Components.

To promote the indigenous drone industry, the government notified the Production Linked Incentive (PLI) scheme for drones and drone components in 2021. The step was widely welcomed by academia and industry experts. This scheme has multiple features to help the industry.

The total incentive is Rs. 120 crores spread over three financial years.  It is nearly double the combined turnover of all domestic drone manufacturers in the fiscal year 2020-21.

For this scheme, the PLI rate is 20 per cent of the value addition which is one of the highest among PLI schemes.

Under this scheme, the value addition is calculated as the annual sales revenue from drones and drone components (net of GST) minus the purchase cost (net of GST) of drone and drone components. 

The PLI rate is kept constant at 20 per cent for all three years, which is an exceptional treatment for the drone industry in the country.

The Minimum value addition norm has been at 40 per cent of net sales for drones and drone components instead of 50 per cent which is another exceptional treatment for the industry. 

The eligibility norm for MSMEs and startups is at nominal levels.

The coverage of the scheme includes developers of drone-related software also.

PLI for a manufacturer is capped at 25 per cent of the total annual outlay. This allows for the widening of the number of beneficiaries.

In case a manufacturer fails to meet the threshold for the eligible value addition for a particular financial year, she will be allowed to claim the lost incentive in the subsequent year if she makes up the shortfall in the subsequent year.

This scheme has multiple features to help