India’s Drone Destination plans Cyprus subsidiary for its European foray

NEW DELHI: Indian drone companies are now going places. Drone Destination, one of India’s leading drone technology and training companies, will establish its European subsidiary in Cyprus, which will focus on drone development, services, training, and drone sports, creating a comprehensive and future-ready ecosystem for unmanned aerial systems across Europe.

The company made this announcement during PM Modi’s recent visit to Cyprus.High commissioner of India to the Republic of Cyprus Manish said: “We welcome Indian companies like Drone Destination to invest in Cyprus, particularly in future‑ready sectors such as drone technology and artificial intelligence. This complements Prime Minister Narendra Modi’s vision to make India a drone hub for the world by 2030, and Cyprus can serve as an ideal gateway for such innovations into Europe.

The decision of Drone Destination soon after the conclusion of Prime Minister’s first official visit to Republic of Cyprus testifies the commitment of Indian companies to engage Cyprus in enhancing our bilateral economic agenda.”Cyprus is seeking investment in this sphere. "Drone technology is reshaping defence, infrastructure monitoring, agriculture, logistics, environmental monitoring, STEM education and even entertainment.

By creating a secure, sovereign, and innovation-led drone hub envisaged by Drone Destination, Cyprus has the opportunity to lead in this critical sector, not just for itself, but for Europe and trusted partners globally,” said Invest Cyprus CEO Marios Tannousis in a statement.“Drone Destination is already in active discussions with both government and private sector entities in the region to develop a state-of-the-art drone ecosystem through its planned Cyprus-based operations.

The initiative is poised to deliver sovereign capabilities, attract foreign direct investment, and position Cyprus as a trusted global innovation hub in this strategically vital sector,” the company said in a statement.PM Modi has given a big boost to the use of drones across all spheres in India. Cyprus is being seen as a strategic gateway for Indian companies’ unmanned systems in Europe, the Middle East, and Africa.“Drone Destination is proud to bring India’s proven experience in drone services and pilot training to this initiative in the region. Together, we can build a global centre that combines India’s scale and innovation with Cyprus’s strategic location, IP protection, and policy clarity,” said Drone Destination chairman Alok Sharma.