According to an official, Boeing, the global aircraft maker would provide Indian start-ups its innovative platform in the aerospace sector.
“Boeing is providing a platform to promote innovation in India. Such platforms accelerate Start-up India and give impetus to Make in India and Skill India,” Niti Aayog Chief Executive Amitabh Kant said to CNBC.
Boeing along with Telangana based start-up catalyst T-Hub would help six startups initially, to take their ideas to the aerospace market.
Three start-ups, Huviair, ZestIoT, and Merxius joined three teams from Boeing India Engineering & Technology Centre in showcasing disruptive ideas at the Boeing Horizonx India Innovative Challenge to potential customers, investors and government stakeholders. These start-ups are working on business models in extended reality, unmanned aircraft technology for drones and Internet of Things (IoT).
“We will collaborate with the three start-ups to help their businesses. The ideas of our teams are under evaluation as potential company offerings,” said Boeing in a statement.
“India is known for its capabilities for disruptive innovation. This capability, coupled with a growing aerospace ecosystem offers an opportunity for breakthroughs to redefine the way the world flies,” said Kant.
Merxius has developed a product to create XR environment for reducing training time and saving cost in aerospace manufacturing. While, Huviair will be providing custom unmanned aircraft services and software solutions for survey and workflow management. ZestIoT creates solutions that can connect to the airport and airplane ecosystem using IoT for better ground handling at airports and on-time performance of airplanes.
“Innovation can happen anywhere and start-ups the world over have the potential to bring disruptive capabilities to aerospace markets and drive our industry forward,” said Boeing Managing Director Brian Schettler.
Boeing will continue to evaluate start-ups in India for potential future investments.
