Drone manufacturing in India is incorporating practical methodologies to overcome technological limitations and uncover hidden opportunities. The move will help India leapfrog in the drone domain and provide efficient ways to solve issues like mapping the hinterland, spraying pesticides across vast agricultural lands, sanitizing corporates and other areas of mass public gathering, and other vital uses.
The sector is currently encouraging the setup of advanced drone manufacturing plants across prominent locations backed by the Government to spur high-octane growth shortly. Drones have become the poster child for a technology in India that is all set to solve numerous issues and provide exceptional growth opportunities on par with global standards.
The Ministry of Civil Aviation is laying innovative ideas and rules to make India a global drone hub, by 2030.
As per the latest report by the Ministry of Civil Aviation, India is currently the world’s third-largest drone market and is expected to grow at a CAGR of 20.9% up to the year 2026. The picture is set for India to make a lasting transformation in the economy by serving chip companies, IT consulting firms, boosting industrial conglomerates, all with advanced drone technology.
If you go deeper, drone technology isn’t new to India, and the Indian defense has been using drone technology since 1999. Drone manufacturing companies in India are taking advantage of these facts, moving quickly to expand their services beyond security concerns, and providing technology to build a strong UAV ecosystem in the country.
The year 2018 give birth to drones used for business purposes in India, and the Government has issued new, exciting, and fresh guidelines to ensure drones are the next big thing in India.