Garuda Aerospace, a drone company based in Chennai, has teamed with the Union Bank of India to finance 150 Garuda Agri Kisan drones under the Kisan Pushpak Scheme.
The drone loan will assist farmers in digitizing land record activities for agricultural production as well as spraying fertilizers, chemicals, and pesticides.
The Agri Infrastructure Fund Scheme funds 150 drone applications that will assist farmers and train 150 qualified pilots to become entrepreneurs.