Post Date : November 7, 2019
Logistics unicorn, Delhivery, at the Nasscom Product Conclave in Bangaluru, on Tuesday, announced its plan to enhance its delivery services by infusing electric vehicles (EV) and drones into its logistics operations.
The Gurugram-based start-up aims to scale up its operations in India with new-age delivery options like drone deliveries and EVs.
The Japanese conglomerate, SoftBank, in October, increased its stake in Delhivery to 25.73% and plans to become the largest shareholder in Delhivery by acquiring a 37.97% stake. It has sought approval to invest $450 million in the logistics start-up.
Vaibhav Suri, co-head, product & strategy, Delhivery said at the conclave, “We believe this is the only scalable model. Drones will be a reality in the near future with the government also investing heavily in this area. They are the only ways to solve the scale problem given that 45% of the delivery cost typically goes to the driver.”
The Directorate General of Civil Aviation (DGCA) has, of late, taken significant steps in drafting the government’s policy on allowing drones for civilian and commercial purpose.
The DGCA has recently sought additional details from seven consortia that had applied to conduct long-range, or beyond visual line of sight (BVLOS), drone experiments.