PSSL Fuels Madhya Pradesh’s Drone Boom with a Game-Changing ₹500 Cr Investment!

Madhya Pradesh is making a significant leap in drone technology as Prakhar Software Solutions Limited (PSSL) commits a groundbreaking ₹200 crore investment, scaling up to ₹500 crore over the next five years. This initiative aligns with the recently introduced MP Drone Promotion & Utilization Policy-2025, aiming to establish the state as a leading hub for drone research, manufacturing, and skill development.

This investment is set to transform India’s drone ecosystem, reducing dependence on foreign technology and boosting the Atmanirbhar Bharat mission. As part of this initiative, Drone Service Centers (DSKs) are being developed across Madhya Pradesh for pilot training, maintenance, and repair services, ultimately creating thousands of high-quality jobs, particularly in rural areas.

The ongoing MP Global Investors Summit 2025 is playing a pivotal role in driving such large-scale investments. The summit, inaugurated by Prime Minister Narendra Modi, has already attracted ₹16 lakh crore worth of investment proposals in various sectors, including IT, renewable energy, and advanced technology. Chief Minister Dr. Mohan Yadav has emphasized the importance of fostering innovation-driven economic growth, making the drone industry a key focus area.

PSSL is actively participating in Tech Investment Madhya Pradesh, where government officials, investors, the Indian Air Force, and the Drone Federation of India are discussing how drones and space technology can revolutionize industries such as agriculture, defense, and logistics.

PSSL’s Group CEO, Mr. Pradeep Namdeo, stated, “Our vision is to position India as a global leader in drone technology. This investment will drive self-reliance, create employment opportunities, and accelerate the adoption of drone-based solutions across industries.”

With strong government backing and corporate commitment, Madhya Pradesh is on the path to becoming a powerhouse in drone innovation, shaping India’s future in advanced aerial technology.