GST cut may lift drone sales, boost R&D, say startups

September 5, 2025

, By The Economic Times

Share via:

Drone startups believe the Goods and Services Tax (GST) rate cut would leave them with surplus funds to invest in research and development (R&D) to make their products world-class. The policy push on the GST front will help boost sales, make drones affordable to small and medium farmers, and promote higher investments in the ecosystem, they said.

The GST Council on Wednesday slashed the GST rates across a range of products, including unmanned aerial vehicles (UAVs). Commercial drones will now attract a lower levy of 5%, compared to the earlier 18%….

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Strava updates Apple Watch app, introduces Live Segments

The Economic Times

Popular

More Like this

GST cut may lift drone sales, boost R&D, say startups

September 5, 2025

, Published By The Economic Times

Drone startups believe the Goods and Services Tax (GST) rate cut would leave them with surplus funds to invest in research and development (R&D) to make their products world-class. The policy push on the GST front will help boost sales, make drones affordable to small and medium farmers, and promote higher investments in the ecosystem, they said.

The GST Council on Wednesday slashed the GST rates across a range of products, including unmanned aerial vehicles (UAVs). Commercial drones will now attract a lower levy of 5%, compared to the earlier 18%….

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

Strava updates Apple Watch app, introduces Live Segments

The Economic Times

More like this

Popular

Block title