Developed for an Indian manufacturing agency

1. ABC INNOVATION
B r a n d T a g l i n e
Business Plan

2. ABC INNOVATION
B r a n d T a g l i n e 2
Business Plan

3. 3
Objective 4
Vision 5
Executive summary 6
The need 8
The solution 9
Need analysis 10
Labor cost for fertilization 11
Technology: need of the hour 12
Our solution 13
Our technology 14
Technology in ABC: 15
Application 16
About us 17
Team 18
Our pilot plan 19
Total funds required for pilot phase 20
Recognitions 21
Our market 22
Our milestones 23
Customers: current and future 24
Competition 25
How are we different 26
Industry analysis 27
Industry growth drivers 28
Government incentives to agro-support business 29
Projected income statement 30-31
Projected balance sheet 32-33
Cash flow statement 34
Appendix 1 35
Key information 36
TABLE OF CONTENT

4. OBJECTIVE
The purpose of this plan is to provide banks or financial institutions with the information
necessary to evaluate the scope of ABC Innovation in the market and strategic priorities for its
future growth. Additionally it will serve as a guide for management by establishing goals
against which performance can be measured.
Immediate Strategic Objectives Of The Firm Are:
Launch Pilot Phase
Launch its pilot phase in XXX. As per the plan the project will launch in
Feb'2017 starting from XXX villages
Funds Required
Total funds required for pilot phase is INR XXX Million. This will cover the
manufacturing and other operating costs of the pilot project.
Marketing
Starting from XXX villages in XXX, our successful launch will lead us to
several other states in India where XXX million hectares of land is
fertilized annually.
4

5. BRING TECHNOLOGY
TO INDIAN
AGRICULTURE SECTOR
VISION

6. EXECUTIVE SUMMARY
Technology at work
- Fun to farm
- Better standard of living of farmers
- High crop yield
Stuttgart, Ar, USA
Mundane practices
- Painful, long practices
- Lowest standard of living
- Lowest crop yield
UP,India
“I was 10 year old and I used to watch Mr. Gudar, a daily wage worker in my village,
working all day to earn his evening meal. Fifteen Years later, while I was working at test
beam facility at CERN,Switzerland, in a casual conversation, my grandfather told me
that Mr. Gudar is doing the same thing and his kids have joined the rally. I conducted
an elaborate research and concluded that though India had been developing but
agriculture sector had largely been developmentally untouched.
– President, ABC Innovation
There are countless farm workers that share the same plight as Mr. Gudar with no permanent
means of income and very poor standard of living. This is making agriculture no longer their first
choice leading to more problems in the rural agricultural sector such as unavailability of
seasonal workforce for critical tasks such as fertilization leading to very poor crop yield.
6

7. XX
Million
XX
Billion
INR
THE PROBLEM
THE NEED
Workers required to
fertilize total cultivable
land.
Current spending
on labour for
fertilization.
ABC sees an imminent need for indigenous autonomous
technology in the agriculture sector to overcome the huge
number of workers and cost required for fertilization in India.
7

8. THE SOLUTION
THE ABC
ABC is launching an autonomous octocopter, “The ABC”, with
advanced capabilities for carrying out the paramount activity
of fertilizer dispensing.
8

9. NEED ANALYSIS
With around XXX million hectares of land under agriculture, our yields are well below the world
average mainly due to our unscientific and labor intensive methods. Also the agriculture sector
is plagued with various problems such as misuse of fertilizers and pesticides, delayed detection
of pests and crop diseases leading to drastic crop failure, etc. The excessive use of fertilizers
and pesticides has adverse effects on people though food products and on environment as
surface water, ground water and soil contamination.
Workers Required
Total cultivable land in India - XXX Mill Ha. (Source: 2010-11 Agricultural Census)
Working hours per day - XX hrs.
XXHours
XX
Mil/hr
XX
Million
Hours required to
fertilize one hectare
of land
Hours required to
fertilize XX Million
hectares
Total No. of labors
required to complete
fertilization in X* days
Our survey reveals there is A huge shortage
of manpower in the agriculture sector
resulting in delay of fertilization process.
9

10. LABOR COST FOR FERTILIZATION
XXINR
XX
Mil hrs.
XXBillion
Hours required to
fertilize XX Million
hectares
Total spending to
complete fertilization
of XX Mill. Hectares of
land.
Per hour labor
charge
XXKg
XXKg
XXKg
USA
China
India
Yield
Per hectare rice production
Despite huge expenditures and workforce,
India has poor results in terms of rice
production per hectare in one season.
10

11. TECHNOLOGY: NEED OF THE HOUR
XXMill/MT
India
XXMill/MT
China
Rice production Rice production
XXMil
XXMil
Hectares of land
Hectares of land
India with 3X more
cultivable land
produces nearly same
as China. This is
because china has
adapted technology
and scientific means of
farming.
XXKg
USA
XXKg
India
Fertilizers per
hectare
XX
Kg
XXKg
Rice production
per hectare
US produces 3.5X
more compared to
India per hectare with
similar quantity of
fertilizers used.
Reason is application of
drones for effective
fertilization.
Fertilizers per
hectare
Rice production
per hectare
11

12. Considering that agriculture is the primary source of income for the majority of our
population, we are starting with the cardinal sector of agriculture & paramount
activity of fertilizer dispensing & gradually broadening horizon towards other
important activities like crop health monitoring & farmland scouting. Using the
ABC, we are initially launching ourselves as agriculture service professionals to
provide autonomous unmanned aerial vehicles (UAVs) resolute to eradicate
numerous problems surrounding the country by harnessing the power of
technology, starting with the hallmark agriculture sector. We will be carrying out
the paramount activity of fertilizer dispensing & gradually broadening horizon
towards other important activities like crop health monitoring & farmland
scouting.
OUR SOLUTION
‘The ABC’
Current spending to
fertilize XXX Mill.
Hectares of land.
Expected spending with
ABC to fertilize XXX Mill.
Hectares of land
XX
Billion
XX
Billion
Per Hectare – INR XX
For 1XX59 Mill = 3XX Mil
Cost with ABC
XX BILLION
Savings of
12

13. OUR TECHNOLOGY
Payload
Application specific:
 Agriculture
 Defense
 Forest Survey
 Environment Monitoring
 Cellular Network
The ABC
Capabilities:
 high payload
 extended flight time
 vertical flight
 high speed maneuvering and evasive
capabilities
 It uses disk actuator theory to be very
efficient
 It is loaded with advanced technologies on
par with what the US army uses in its drones.
Agriculture
Dispenses fertilizers and pesticides
 Advanced fertilizer dispensing algorithms
 Crop health monitoring
 Terrain mapping
 Obstacle detection
 Infected location detection
13

14. TECHNOLOGY IN ABC:
1. ABC Innovation is developing a completely indigenous drone that is
designed, developed and manufactured in India. We are launching
an autonomous octacopter “The ABC” with various novel
capabilities such as—high payload, extended flight time, vertical
flight, and high speed maneuvering and evasive capabilities. The
ABC uses disk actuator theory to be the most efficient in its category
and is loaded with advanced technologies on par with what the US
army uses in its drones.
2. The ABC can be equipped with application specific payloads—
such as for agriculture, defense, forest survey, environment
monitoring, and cellular network.
3. For agriculture, the ABC will be equipped to dispense fertilizers and
pesticides.
4. Advanced algorithms in the ABC will determine the optimal pattern
and altitude to efficiently spray fertilizers and pesticides by sensing
the terrain and wind.
5. It will have advanced thermal imaging to perform crop health
monitoring.
6. It will have advanced sensors such as LIDAR to perform terrain
mapping and for obstacle detection.
7. The ABC will also be equipped with pheromone sensors to quickly
find infected locations, locally apply pesticides for maximum effect,
and guide the farmer to the infected location using audio visual
feedback.
14

15. APPLICATION
FIN Land
Details
Crop/Land
Survey
GPS
Coordinates
Crop/Land
Survey
Load
Fertilizer
QUICK AND EFFECTIVE
FERTILIZATION
2
3
4
5
5
1
FIN
Registration
NODAL OFFICE FARMER
MOBILE DRONE PLATFORM OPERATOR
How It Works
The farmer will have complete control on when the fertilization will happen. Just by
sending a text message with his FIN number and details of fertilization, he will be able to
inform the drone operator to fertilize his fields. The drone will autonomously determine
the optimal path and pattern of spraying for best efficiency.
15

16. ABC Innovation limited is a research organization devoted towards
resolving problems in India with the help of state of art technology.
With the motto “technology meets mundane” We are launching an
autonomous octocopter, “The ABC” with advance capabilities of path
planning, trajectory tracking, obstacle avoidance with failsafe mode,
initially for cardinal activity of fertilizer dispensing & gradually
broadening horizon towards other paramount activities like defense
surveillance and forest surveys.
ABOUT US
We are developing a completely indigenous technology
designed, developed and manufactured in India by a team
of experts with decade of experience in developing
advanced technology in the field of nuclear and micro
aerial vehicles.
16

17. TEAM
Detailed Profile
TEAM MEMBER 1
Detailed Profile
TEAM MEMBER 2
Detailed Profile
TEAM MEMBER 3
Detailed Profile
TEAM MEMBER 4
Detailed Profile
TEAM MEMBER 5
17

18. PILOT PHASE SNAPSHOT
Starts – Year
Location –
Total land size – XX acres
Total drones to be used – XX
No. of spraying days – XX
Our pilot phase will be launched in XX district of
State. We will conduct our pilot phase from
Month. Year in xx villages of district. We have
selected 40 centers in the district which are
evenly spread throughout the area of the district.
Each center will house a ABC’s octocopter which
will be used for chemical fertilizer dispensing in the
villages covered by that center. Each center will
have one skilled labor and one semi-skilled labor
who will conduct the operations. A central office
will be established in city to control the whole
operations. We will keep an inventory of 10
octocopters for replacement in case a failure of
an octocopter in any center.
OUR PILOT PLAN
18

19. TOTAL FUNDS REQUIRED FOR PILOT
PHASE
Project Cost INR (In lacs)
Plant & Machinery (50 Drones) XX
Plant & Machinery (Other) XX
Furniture & Fixture XX
Preoperative & Preliminary Expenses XX
Expenses for Pilot Phase
Aug-16 XX
Sep-16 XX
Oct-16 XX
Nov-16 XX
Dec-16 XX
Jan-17 XX
Total Project Cost XX
(+)Security Deposit: XX
(-) Paid up share capital XX
Total Funds Required XX
INR XX MILLIONTotal funds required for pilot phase
19

20. RECOGNITIONS
ABC Innovation, is one of the finalists of Qualcomm’s Design in India Challenge (QDIC) and is a
strong contender to be one of the winners for launching its first product. Qualcomm Design in
India Challenge in collaboration with The National Association of Software and Services
Companies (NASSCOM) is an initiative aligned with Prime Minister Narendra Modi’s ‘Make in
India’ vision to bring about a paradigm shift from a services-driven model to a manufacturing
model for indigenous products that will cater to the needs of India and the rest of the world.
The goal is to catalyze creation of a product and hardware design ecosystem in India.
OUR STATUS WITH INDIAN START-UPS
ABC was incorporated as private limited company under Indian companies’ act on day of the
month of year. All the compliances are done in regards with MSME including VAT & S. Tax return
by the end of day of month, Year .
As we are working towards innovative technology and are incorporated after Day Month, Year,
we fall under start-up schemes launched by Indian government. As per the scheme launched
by Modi Government in Jan 2016, we are eligible to:
• Be supported by an incubator (funded by the GOI) to promote innovation: We are in
discussion with IAN (Indian Angel Network), a leading incubation center based out in New
Delhi for availing this scheme.
• Legal Support and Fast-tracking Patent Examination at Lower Costs: We have filed a patent
with the corresponding authority and we are positive on getting the approval as we comply
with all the necessary caveats of intellectual property rights.
• Tax Exemption to Startups for 3 years: We will be exempted from income tax for first three
years allowing us to meet our working capital requirement effectively.
20

21. OUR MARKET
Million Hectare
XX
1%
Assuming 1% of this
land
XXMillion Hectare
Our Serviceable Market
XXMillion
XXMillion
With INR ZZ per
Hectare per season
Our revenue per season
With X seasons in
a year
Our Annual revenue
Total land under
cultivation in India
1%
0.1%
OUR CURRENT MARKET SIZE
Our pilot phase in VILLAGE will cover 0.1% of the total
market size. With successful implementation of pilot phase,
we will gradually shift our presence in other states like
Punjab, Haryana and Bihar which have the biggest
farming lands in India.
21

22. OUR MILESTONES
 Acquired corporate office in NOIDA
 Recruited employees with expertise in
the domain of automation & robotics
for further innovation, research &
development of the project
 Hired consultants to take care of
administrative, accounting and legal
aspects of our business.
 Setting up of XX nodal centers in the
district of DISTRICT.
 Discussed with different ministries like
ministry of defense & ministry of social
welfare for adopting our ABC in allied
sectors.
SETUP
 Implementing ABC in fertilizer
dispensing in XX villages of
district, starting from Month, Year
 Based on the market need,
developing the ABC for the other
applications
Operations
2
After pilot phase, expand operations to:
 Other districts of UP
 Bihar
 Punjab &
 Haryana
Diversify the operations into:
 Defense
 Forest Survey &
 Telecommunication
Expansion:
MONTH
YEAR
MONTH
YEAR
6Months
MONTH
YEAR
MONTH
YEAR
1Year
Year
Our progress
so far
22

23. CUSTOMERS: CURRENT AND FUTURE
Our serviceable audience belongs to many arena, including national and international
security, agriculture, forestry, cellular network & inspection and health care. Our deep
expertise in technology, engineering, and analytics will help us serve a broad constituency
of clients, ranging from agriculture to cabinet-level departments to corporations, institutions,
organizations as well as individuals.
Agriculture
• Help farmers in dispensing fertilizers in an effective
manner, spot diseases before they spread and
customize the applications of pesticides, water and
fertilizer for different fields resulting in increased crop
yields and reduced costs for most crops.
Defence
• Support the ground troops in vigilance during
adverse condition in war zone & help in
combating terrorism & crime
Forestry
• Our UAV will be of use in following aspects:
• Improve management & planning
• Monitoring of illegal activities
• Rapid response to environmental impact events.
Expansion
Phase
We have acquired interests from many organizations and ministries. The Ministry of Small and
Medium Industries has shown interest in our ABC in small scale agriculture. The defense ministry
is interested in using the ABC for border patrolling and to act as an aid to troops for scanning
an area for threats. The forest ministry has shown interest to use the ABC for mapping the
forest cover of India. The cellular network industry has shown interest in the ABC to be used for
cellular network decongestion by carrying a router in the airspace during the peak hours.
Interest from other sectors
23

24. COMPETITION
DRONES IN INDIA – EXISTING COMPANIES AND THEIR DOMAIN
AURORA INTEGRATED SYSTEMS
Aurora Integrated Systems (AIS) is one of the lead system integrators in India, offering field tested
Unmanned Aerial System (UAS) technology. AIS is supported and funded by the Tata group and by the
Ministry of Science and Technology. AIS was started by a team of seven graduates from IIT Kanpur
involved in developing and manufacturing Unmanned Aerial Vehicles (UAV) for civil and defence
markets. AIS is the first company to develop UAV technology in India without foreign assistance. .
IDEAFORGE
IdeaForge is a private company that is into development, manufacture and operation of compact
small Unmanned Aerial Vehicles (UAVs) in India. IdeaForge was founded by IIT Bombay alumni in 2007.
IdeaForge has developed an autonomous UAV, known as NETRA (altitude of 400 m, and range of 5 km),
in coloboration with DRDO. Using its UAVs, IdeaForge also provides hired and leased services such as
geographical survey, oil pipeline monitoring, aerial cinematography, crowd management, real estate
photography, and events monitoring.
KADETDEFENCE SYSTEM
Kadet Defence Systems got its start in 2005 by creating an aerial target for the Indian army and is now
branching out into unmanned aerial systems. It is producing and selling unmanned aircraft to the Indian
government for intelligence, surveillance and reconnaissance.
OM UAV SYSTEM
OM UAV Systems is a manufacturer of variety of unmanned remotely controlled mini aerial surveillance
vehicles such as fixed wing UAV, Quadcopter, and hexacopter. OM UAV System provide a complete
solution that includes UAV, ground control and monitoring station, training and after sales support. OM
UAV System is also providing services such as flower shower, aerial photography and UAV maintenance.
SPECK SYSTEM LTD.
Speck Systems Limited (Speck), is a manufacturer of different products and solutions for Geospatial
Technologies. As part of Sanchar, Speck has indigenously designed and developed its own BAAZ, a mini
tactical UAV. It has also partnered with IAI, Malat, Israel to manufacture and service IAI’s mini and micro
UAVs in India.
24

25. HOW ARE WE DIFFERENT
We are different from the existing players in the Indian market in a number of
dimensions,
Unique Features
• Extended payload capability
(up to xx liters of fertilizers)
• Extended flight time
• Autonomous path planning
• Real time HD video imaging
and analysis
Innovative R&D
• Indigenous setup to test motors, propellers;
• Facility to test different designs of drone frames;
Unique Features
• Extended payload capability
(up to xx liters of fertilizers)
• Extended flight time
• Autonomous path planning
• Real time HD video imaging
and analysis
25

26. INDUSTRY ANALYSIS
Agriculture sector – an overview
0
50
100
150
200
250
300
2010 2011 2012 2013 2014 2015
GDP of Agriculture and allied sectors (in $Bill)
GDP (in $Bill)
With XX million hectares of available land, India has the second largest
agriculture land in the world. Total food grains production in India reached an
all-time high of XX million tonnes (MT) in FY15 (as per 4th Advance Estimates).
Agriculture plays a vital role in India’s economy.
XX
Bill
XX XX
GDP of agriculture
and allied sectors
in India
Growth of
Agricultural sector
in FY’15
Population
dependent on
agriculture
Industry Trend
26

27. Enablers
Rise in household
income
Rising exports
Private Investments
Use of IT
India is known as an agrarian country at global forum. It’s importance in the
economy can be estimated from the fact that over XX per cent of the rural
households depend on agriculture as their principal means of livelihood.
Agriculture, along with fisheries and forestry, is one of the largest contributors to
the Gross Domestic Product (GDP). As per estimates by the Central Statistics
Office (CSO), the share of agriculture and allied sectors (including agriculture,
livestock, forestry and fishery) was XX per cent of the Gross Value Added (GVA)
during 2015–16 at 2011–12 prices(Source: IBEF)
INDUSTRY GROWTH DRIVERS
27

28. Several significant initiatives have been taken in recent years by the central as well as state
governments in order to improve the declining state of agriculture sector.
 The government has taken steps to address two major factors (soil and water) critical to
improve agriculture production. Steps have been taken to improve soil fertility on a
sustainable basis through the soil health card scheme and to support the organic farming
through ‘Paramparagat Krishi Vikas Yojana’ scheme.
 Our government in power is pushing the boundary of its association with the farmers by
encouraging their ministers to develop a model village through ‘Pradhan Mantri Sansad
Adarsh Gram Yojana’
 Other steps include improved access to irrigation through ‘Pradhanmantri Gram Sinchai
Yojana’; enhanced water efficiency through `Per Drop More Crop’; continued support to
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the
creation of a unified national agriculture market to boost the incomes of farmers.
 State governments are also actively launching schemes like ‘Credit Link Capital Subsidy
Scheme for Technology Upgradation’ to encourage the use of technology in agriculture
sector.
Stakeholders, especially policy makers and industrialists, are well
aware of the impact that agriculture sector can have on Indian
economy. Due to this considerable aid in the form of schemes &
collaborations is expected to come to this sector. The road is already
laid with Rabo Equity Advisors, the private equity arm of Netherlands-
based Rabo Group, who raised US$ XX million for the first close of its
second fund – India Agri Business Fund II. The fund plans to invest US$
X-X million in X-X companies.
GOVERNMENT INCENTIVES TO AGRO-
SUPPORT BUSINESS
28

29. FINANCIAL PROJECTIONS
PROJECTED INCOME STATEMENT
Particulars
(Figures In Lacs) INR
FY
2016-17
FY
2017-18
FY
2018-19
FY
2019-20
FY
2020-21
FY
2021-22
FY
2022-23
Revenue:
Total Revenue XX XX XX XX XX XX XX
Expenses XX XX XX XX XX XX XX
Direct Expenses XX XX XX XX XX XX XX
Raw Material Cost XX XX XX XX XX XX XX
AgriLabour Cost XX XX XX XX XX XX XX
Direct Salary Cost XX XX XX XX XX XX XX
Power, Water & Fuel XX XX XX XX XX XX XX
Truck Rental XX XX XX XX XX XX XX
Indirect Expenses XX XX XX XX XX XX XX
Indirect Salary Cost XX XX XX XX XX XX XX
Building Rental XX XX XX XX XX XX XX
Vehicle Rental XX XX XX XX XX XX XX
Marketing & Adv. Expenses XX XX XX XX XX XX XX
Travelling Expenses XX XX XX XX XX XX XX
Training Expenses XX XX XX XX XX XX XX
Administrative Overheads XX XX XX XX XX XX XX
Drone & Machinery
Maintenance Cost
XX XX XX XX XX XX XX
Insurance Exp XX XX XX XX XX XX XX
R&D Expense XX XX XX XX XX XX XX
Total Expenses XX XX XX XX XX XX XX
29

30. FY
2016-17
FY
2017-18
FY
2018-19
FY
2019-20
FY
2020-21
FY
2021-22
FY
2022-23
EBITDA (Before
Preoperative
expense)
XX XX XX XX XX XX XX
Preoperative
Expense
XX XX XX XX XX XX XX
EBITDA XX XX XX XX XX XX XX
Depreciation XX XX XX XX XX XX XX
EBIT XX XX XX XX XX XX XX
Interest XX XX XX XX XX XX XX
EBT XX XX XX XX XX XX XX
Income Tax XX XX XX XX XX XX XX
Deferred Tax
Assets/(Liabilities) XX XX XX XX XX XX XX
PAT XX XX XX XX XX XX XX
0
1000
2000
3000
4000
5000
6000
FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
Profit & Loss
Total Revenue EBITDA PAT
30

31. Particulars
(Figures In Lacs)
INR
FY
2016-17
FY
2017-18
FY
2018-19
FY
2019-20
FY
2020-21
FY
2021-22
FY
2022-23
Equity & Liability
Share Capital XX XX XX XX XX XX XX
Reserve & Surplus XX XX XX XX XX XX XX
General Reserve XX XX XX XX XX XX XX
Profit & Loss
Account XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Bank Term Loan XX XX XX XX XX XX XX
Non Current
Liability XX XX XX XX XX XX XX
Deffered Tax
Liability XX XX XX XX XX XX XX
Current Liability XX XX XX XX XX XX XX
Provision for
Income Tax XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Total Equity &
Liability XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Assets XX XX XX XX XX XX XX
Fixed Assets XX XX XX XX XX XX XX
Plant & Machinery
(Drones) XX XX XX XX XX XX XX
Plant & Machinery
(Other) XX XX XX XX XX XX XX
Furniture & Fixture XX XX XX XX XX XX XX
Total Fixed Assets XX XX XX XX XX XX XX
Depreciation XX XX XX XX XX XX XX
31
PROJECTED BALANCE SHEET

32. FY
2016-17
FY
2017-18
FY
2018-19
FY
2019-20
FY
2020-21
FY
2021-22
FY
2022-23
Net Fixed Assets XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Non Current Assets XX XX XX XX XX XX XX
Deffered Tax Assets XX XX XX XX XX XX XX
Security Deposit XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Current Assets XX XX XX XX XX XX XX
Cash & Bank
Balances
XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Preliminary &
Preoperation exp
XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Total Asset XX XX XX XX XX XX XX
32

33. (Figures In Lacs) INR FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
Cash Flow from
operating Activities
EBITDA (Before
Preoperative
Expenses)
XX XX XX XX XX XX XX
Less: Preoperative
exp
XX XX XX XX XX XX XX
Less: Income Tax
Paid
XX XX XX XX XX XX XX
Operating Profit XX XX XX XX XX XX XX
Less: Security
Deposit paid
XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Cash Flow from
Investing Activities
XX XX XX XX XX XX XX
Purchase of Fixed
Assets
XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Cash Flow from
Financing Activities
XX XX XX XX XX XX XX
Issue of Shares XX XX XX XX XX XX XX
Bank Term Loan XX XX XX XX XX XX XX
Repayment of Loan
(Principal Amount)
XX XX XX XX XX XX XX
Payment of Interest XX XX XX XX XX XX XX
XX XX XX XX XX XX XX
Net Cash Flow from
all Activities
XX XX XX XX XX XX XX
Opening Cash
Balance
XX XX XX XX XX XX XX
Closing Cash
Balance
XX XX XX XX XX XX XX
33
CASH FLOW STATEMENT

34. APPENDIX 1
REQUIRED STATUTORY APPROVALS
Civilian use of UAS encompasses damage assessment of property and life in areas affected
with natural calamities, surveys; critical infrastructure monitoring including power facilities,
ports, and pipelines; commercial photography, aerial mapping, etc. DGCA has issued ICAO
Circular 328: that highlights various issues and complexities involved with respect to civil UAS
such as—regulatory issues, legal matters, operations, certification of aircraft and systems,
personnel licensing, etc. ICAO has also issued Doc 10019 AN/507: “Manual on Remotely
Piloted Aircraft Systems (RPAS)” which provides guidance to contracting states. ICAO has also
amended Annex 2 (Rules of the Air) to cover Remotely Piloted Aircraft (RPA), which is an
unmanned aircraft piloted from a remote pilot station.
Issue of Unique Identification Number (UIN)
All unmanned aircraft intended to be operated in India will require an Unique Identification
Number (UIN) issued from DGCA.
The UIN can be granted only to:
1. A citizen of India; or
2. A company or a body corporate provided that:
a) It is registered and has its principal place of business within India;
b) Its chairman and at least two-thirds of its directors are citizens of India; and
c) Its substantial ownership and effective control is vested in Indian nationals;
UA Operator Permit (UAOP)
All civil UA operations at or above 200ft AGL in uncontrolled airspace for any purpose
whatsoever will require UAOP from DGCA. Operation of civil UA in controlled airspace is
restricted.
POLICY GUIDELINES OF DGCA FOR THE OPERATION OF CIVIL UNMANNED
AIRCRAFT SYSTEM (UAS)
34

35. KEY INFORMATION
Name of the company ABC Innovation PRIVATE LIMITED
Date of Incorporation Day, Month, Year
CIN Code
PAN Number
Address as per ROC xxx
Directors and Other Key
Members:
ABC– Director
ABC – Director
ABC,
President & CTO
ABC
Vice President
Key Business Activities
Research, development, Manufacture and marketing of high
technology products such as unmanned aerial robotic vehicles,
including but not limited to drones, blimps, hybrid of drones and
blimps, high end innovative sound and music systems, other
innovative high technology products. Innovations may be
autonomous, semi-autonomous and remote controlled.
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