PLI scheme needs expansion for drone development
Technology

PLI scheme needs expansion for drone development

With an objective of making India a worldwide drone centre, the government must build an ecosystem and expand the production-linked incentive (PLI) programme., as per a Nexgen Exhibitions report. Based on estimates from the Ministry of Civil Aviation, the drone manufacturing sector in India is projected to grow from Rs 0.6 billion in 2020?21 to Rs 9 billion by 2025. Additionally, it stated that between 2024 and 2030, the Indian drone industry is anticipated to expand at a compound annual growth rate (CAGR) of 22.15%.India has the potential to become the world's drone hub by 2030 via innovation and portfolio development. The analysis made clear that strengthening the domestic drone ecosystem is essential to achieving India's objectives. It said that promoting the Made in India programme, expanding the PLI scheme, and government procurement are further significant drivers.

Drone applications are already well-established in the domains of COVID management, rescue and disaster management, and border surveillance. The research emphasised that the drone services business would soon surpass other comparable industries in terms of scope and operations in areas like traffic control, data processing, and logistics.

The research demonstrated that attaining India's goals requires bolstering the country's drone ecosystem. It stated that other important drivers are government procurement, the expansion of the PLI plan, and the promotion of the Made in India project.

The fields of border monitoring, rescue and disaster management, and COVID management have already seen significant success with drone applications. The study underscored that the drone services sector will quickly eclipse existing analogous businesses concerning scale and functionality in domains such as traffic management, information processing, and transportation.

International businesses from the Middle East, Europe, the UK, the US, and Australia were also contacted for the poll. The International Drone Expo 2024 is a premier event for unmanned aerial vehicles (drones) and its applications, including air taxi, LiDAR, geospatial data, and artificial intelligence. It is one of the largest forums in Asia for connecting customers, industry representatives, and stakeholders from all sectors of the drone business. This year, drones, anti-drone systems, and UAVs (unmanned aerial vehicles) will be the main topics of discussion for a variety of reasons.

Aadhar Bansal, Director of Nexgen Exhibitions, stated that the industry is definitely getting a huge boost because of the Make in India movement and the visionary PLI Scheme of the government. He said that innovations and technological advancements done by Indian Drone Companies have caught the attention of the global markets, and the growth in the Indian drone industry is attracting significant foreign investment.

With an objective of making India a worldwide drone centre, the government must build an ecosystem and expand the production-linked incentive (PLI) programme., as per a Nexgen Exhibitions report. Based on estimates from the Ministry of Civil Aviation, the drone manufacturing sector in India is projected to grow from Rs 0.6 billion in 2020?21 to Rs 9 billion by 2025. Additionally, it stated that between 2024 and 2030, the Indian drone industry is anticipated to expand at a compound annual growth rate (CAGR) of 22.15%.India has the potential to become the world's drone hub by 2030 via innovation and portfolio development. The analysis made clear that strengthening the domestic drone ecosystem is essential to achieving India's objectives. It said that promoting the Made in India programme, expanding the PLI scheme, and government procurement are further significant drivers. Drone applications are already well-established in the domains of COVID management, rescue and disaster management, and border surveillance. The research emphasised that the drone services business would soon surpass other comparable industries in terms of scope and operations in areas like traffic control, data processing, and logistics. The research demonstrated that attaining India's goals requires bolstering the country's drone ecosystem. It stated that other important drivers are government procurement, the expansion of the PLI plan, and the promotion of the Made in India project. The fields of border monitoring, rescue and disaster management, and COVID management have already seen significant success with drone applications. The study underscored that the drone services sector will quickly eclipse existing analogous businesses concerning scale and functionality in domains such as traffic management, information processing, and transportation. International businesses from the Middle East, Europe, the UK, the US, and Australia were also contacted for the poll. The International Drone Expo 2024 is a premier event for unmanned aerial vehicles (drones) and its applications, including air taxi, LiDAR, geospatial data, and artificial intelligence. It is one of the largest forums in Asia for connecting customers, industry representatives, and stakeholders from all sectors of the drone business. This year, drones, anti-drone systems, and UAVs (unmanned aerial vehicles) will be the main topics of discussion for a variety of reasons. Aadhar Bansal, Director of Nexgen Exhibitions, stated that the industry is definitely getting a huge boost because of the Make in India movement and the visionary PLI Scheme of the government. He said that innovations and technological advancements done by Indian Drone Companies have caught the attention of the global markets, and the growth in the Indian drone industry is attracting significant foreign investment.

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?