India’s Drone Destination has announced the establishment of its European subsidiary in Cyprus, marking another strategic step in deepening bilateral economic ties following Indian Prime Minister Narendra Modi’s historic first official visit to the island.

The New Delhi-based company, India’s first drone firm to be listed on NSE Emerge and a leader in commercial UAV operations, provides certified training programmes and tailored Drone-as-a-Service (DaaS) solutions, from agricultural spraying to aerial surveying and asset inspection.

According to the statement, Drone Destination, with a strong reputation for safety and operational excellence, now plans to build a full-fledged unmanned aerial ecosystem out of Cyprus.

The new entity will focus on research and development, service provision, education, and drone sports, aiming to position the island as a regional hub for unmanned systems across Europe, the Middle East and Africa.

As part of its expansion strategy, Drone Destination is already in talks with both public and private stakeholders in the wider region.

The initiative is expected to enhance Cyprus’ position as a credible innovation centre in the high-growth unmanned aerial vehicle (UAV) sector, with strong potential for foreign direct investment and advanced technological applications.

Commenting on the development, Invest Cyprus CEO Marios Tannousis said that drone technology is redefining key sectors such as defence, logistics, infrastructure monitoring, agriculture, environmental protection, and Science, Technology, Engineering, and Mathematics (STEM) education.

“By creating a safe, sovereign and innovation-driven drone hub envisioned by Drone Destination, Cyprus has the opportunity to lead in this critical sector, not only for itself, but also for Europe and its trusted partners globally,” Tannousis noted.

Drone Destination’s president Alok Sharma explained that India’s rapid advancement in drone technology, fostered under Prime Minister Modi through bold industrial policies and incentives, provides a solid foundation for expansion into new markets.

“Cyprus has the opportunity to participate in this momentum,” he said.

“With vision and commitment, it can become a strategic gateway for unmanned systems in Europe, the Middle East and Africa.”

Sharma added that the company’s presence in Cyprus will combine India’s proven expertise in drone services and pilot training with the island’s strategic location, robust intellectual property framework, and policy clarity.

“Together, we can create a global hub that will combine India’s dynamism and innovation with Cyprus’ strategic location,” he said.

The High Commissioner of India to Cyprus, Shri Manish, also welcomed the development, describing Drone Destination’s decision as a vote of confidence in the bilateral agenda.

“We welcome Indian companies, such as Drone Destination, to invest in Cyprus, especially in future-ready sectors such as drone technology and artificial intelligence,” Shri Manish said.

He stressed that the move is aligned with Prime Minister Modi’s vision to make India a global drone hub by 2030, while Cyprus, he added, can serve as an ideal European gateway for such innovations.

“Drone Destination’s decision immediately after the conclusion of the Prime Minister’s first official visit to the Republic of Cyprus testifies to the commitment of Indian companies to engage Cyprus in strengthening our bilateral economic agenda,” Shri Manish concluded.