Synopsis
From humble beginnings in a 120 sq ft office and an initial investment of INR2.4 crore, Sagar Defense Engineering is taking the Indian defense sector by storm with its unmanned maritime systems. It has a variety of products including autonomous ocean robots and multicopter drones. Its main clients are the Navy, Coast Guard, Army, Air Force and paramilitary forces.
When was the last time you heard the story of a master sailor who gave up his love affair with sailing to pursue an entrepreneurial dream? Probably never. Captain Nikunj Parashar sailed for 14 years and even commanded a few ships. But in the end, it was the vocation of maritime engineering and the entrepreneurial spirit that pushed him to resign. The 42-year-old is now a proud founder and CEO of Sagar Defense Engineering, a start-up that builds unmanned maritime vehicles.
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