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Indian Drones Are Tailored For Challenging Terrains And Security Borders
The Machinist
|January 2024
As we stand on the cusp of a new era, it’s with immense pride and reflection that we celebrate a decade of Make in India for the drone industry.
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In these ten years, the drone landscape in India has transformed significantly, establishing the country as a key player in the global market. Recent reports by IMARC and Digital Sky project an impressive CAGR of 10.23 per cent for the Indian drone market from 2023 to 2028. The number of registered drones in India has surpassed 15758 units, showcasing a remarkable increase of over 2000 per cent between 2021 and 2023. Let us reflect on the evolution of the Indian drone industry, assess the influence of the Make in India initiative on the drone industry, and anticipate the emerging trends that will shape its future.
MAKE IN INDIA FOR THE DRONE INDUSTRY
This story is from the January 2024 edition of The Machinist.
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