Drone Technology

Global Drone Market: According to a July 2021 report by BIS Research, the global drone market, which is currently dominated by the US, China and Israel, is estimated to reach US$ 28.47 billion in FY21-22, with India likely to account for 4.25% share.

Current Turnover and Potential: The Civil Aviation Ministry estimates India’s drone sector to achieve a total turnover of Rs. 120-150 billion (US$ 1.63-2.04 billion) by 2026, from its current turnover of about Rs. 800 million (US$ 10.88 million).

Employment: The government plans to attract investments of Rs. 5,000 crore (US$ 669.07 million) in the next three years in the ....

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