The various use cases of drones, continues to excite people around the world.
Traditionally, drones were used only for defence purpose and were confined to science fiction. Skip forward to present, you will see daily amenities delivered to your doorstep with the help of drones.
Today, drones or unmanned aircraft systems, are rapidly becoming a part of our everyday lives. No doubt that drones are the future of defence, they are also quickly increasing in numbers and complexity. The use cases range from recreation to commercial and military applications.
Don't be surprised if more companies tap into this evolving theme in the months and years to come.
As the developments suggest, several Indian companies are venturing into drone manufacturing through joint ventures with foreign firms.
For instance, DCM Shriram Industries has an arrangement with Zyrone Dynamics, a Turkish UAV, and drone manufacturer.
Infra giant Larsen & Toubro (L&T) has a pact with ideaForge, a drone manufacturer, to offer drones and allied systems for defence use.
The Adani Group has picked up a substantial stake in a drone company General Aeronautics.
There's Zen Technologies which along with drone manufacturing, provides defence training solutions and anti-drones solutions.
Paras Defence & Space Tech and Hindustan Aeronautics are other names which come to mind when we think of drone manufacturing companies in India.
Before you leave, we recommend you check out the companies which are betting big on drone manufacturing and all you need to know about drone stocks in India.
Oct 12, 2024
Amidst the expanding defence and drone landscape, these Adani group companies are positioning themselves as key players.
Sep 25, 2024
With the drone industry set to grow at a CAGR of 80%, drones are going mainstream. Here are the top five stocks poised to benefit from this trend.
May 30, 2024
The increasing prevalence and expanding applications of drones are expected to drive growth across. Here are top drone manufacturing stocks to track.
Feb 7, 2024
The increasing use cases of drones and favourable government policies are helping both these companies grow at an accelerated pace.
Feb 16, 2023
The drone industry is expected to significantly boost India's manufacturing potential to about Rs 1.9 tn by 2030.
Feb 11, 2022
Billions may flow into Indian drone companies. Don't miss out on this wealth creating opportunity.
Dec 9, 2021
The drone manufacturing sector is expected to achieve turnover of Rs 150 bn in the next three years.
Nov 22, 2021
The Indian drone market is currently a tiny fraction of the global drone market and holds immense promise in the years to come.
Oct 20, 2020
The Chinese drone market is 14 times that of India's. Billions may flow into Indian drone companies too. Don't miss out on this wealth creating opportunity.
Sep 27, 2024
The Indian drone industry is expected to grow at a CAGR of 17% in the next five years, and this company could be a primary beneficiary.
Jul 2, 2024
As countries prioritise modernising their defence systems and enhancing national security with military drones, here are top military drone manufacturing stocks to track.
May 3, 2024
This decision by the superstar investor could prove costly as the drone company has strong growth levers in place.
Dec 20, 2023
The renowned conglomerate is looking to seize the massive opportunity in the drone market by acquiring stake in this defence company.
Apr 7, 2022
Drones are finding their niche in the Russia-Ukraine conflict.
Jan 21, 2022
Several companies are adopting drone technology for regular business operations.
Dec 8, 2021
The drone manufacturing sector is expected to achieve turnover of Rs 150 bn in the next three years.
Oct 1, 2021
New drone rules and the PLI scheme is a huge confidence booster for startups and MSMEs. It will open new opportunities for drone companies.