Indore-based PATH has acquired drone start-up VU Dynamics, making it a subsidiary of PATH according to founder Prof Subrahmanyam Saderla.
Details of PATH's investment in VU Dynamics and equity stake remain undisclosed, but the start-up has attracted significant investments.
VU Dynamics currently produces fixed-wing drones for defense applications at IIT Kanpur, but plans are underway to establish a drone factory near Indore.
PATH is focusing on manufacturing tactical drones for the Indian Army and setting up a manufacturing facility in MHOW, with plans to scale up production to 200 drones a day.