Drones can boost India’s manufacturing potential to $23 billion by 2030: Report

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Buoyed by rising demand from sectors like defence, agriculture, logistics, and infrastructure, the drone industry is expected to boost the country’s manufacturing potential to USD 23 billion by 2030, says a report.

As drones emerge as a key component of modern warfare strategies, India’s Operation Sindoor in the wake of the Pahalgam terror attack has marked a notable shift in the country’s adoption of drones, the report by Nexgen said.

The report, based on a survey of 150 companies from 15 cities, revealed that 40 per cent of drone companies believe…



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Drones can boost India’s manufacturing potential to $23 billion by 2030: Report



Buoyed by rising demand from sectors like defence, agriculture, logistics, and infrastructure, the drone industry is expected to boost the country’s manufacturing potential to USD 23 billion by 2030, says a report.

As drones emerge as a key component of modern warfare strategies, India’s Operation Sindoor in the wake of the Pahalgam terror attack has marked a notable shift in the country’s adoption of drones, the report by Nexgen said.

The report, based on a survey of 150 companies from 15 cities, revealed that 40 per cent of drone companies believe…



Source link

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.

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