Very intersting question !
Being a mechanical engineer and Experience in working with Auto Industry, I am very much familiar with this small cap company named Ucal Fuel systems.
Ucal fuel systems was originally known as Carburettors limited based out of Mount Road Chennai and decades back I had visited their plant. The company is 60 years old and is a leader in Carburettors and fuel injection systems for 2 wheelers and some parts to 4 wheelers OEM. Even today 60% of their revenue is from 2 wheelers.
Seeing that Carburettor and conventional Petrol and Diesel technology are gradually becoming redundant , they have diversified in to Drone / aerospace.
They seem to have created a new division called ” Ucal technology” for designing Drones from concept stage to manufacturing and with all the three types – micro, small, medium. This is a recent creation and I find they have recruited a team consisting of well qualified and experienced Aeronautical engineers from IIT’s M.Tech , PH.D. etc – I don’t have doubt on the capability of the team.
In fact they have displayed all three types of Drones in their website. This looks quite promising. But I could not find the list of clients / customers in the website. And whether they are involved in any one of the 200 drone starts ups registered with Govt as of today and whether Ucal technology is one of the beneficiaries of the PLI. Or they may not have applied for PLI…
I did not find its mention in any of the articles / digital media about its Drone venture except that you took the name
I would like to keep an watch on this interesting and promising company with respect to its Drone venture
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