Indian Drone Tech Startup Landscape & Market Opportunity Report 2024
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Indian Drone Tech Startup Landscape & Market Opportunity Report 2024

India’s drone tech landscape is rapidly expanding, offering a significant market opportunity. Launch of 200+ drone tech startups, an impressive tally of more than 13K registered drones nationwide and two listed drone tech startups, underscores the vast potential for further innovation and development.

Drones are being increasingly utilised across a variety of sectors, including agriculture, mining, and defence, showcasing their versatility and capacity to revolutionise conventional methods. Additionally, strong government backing is propelling this emerging industry towards substantial growth and broader adoption.

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Indian Drone Tech Startup Landscape & Market Opportunity Report 2024

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the times of india

Key Highlights

200+

Drone Tech Startups In India

140 Mn+

Funding Raised By Indian Drone Tech Startups

$13 Bn+

Estimated Indian Drone Market Opportunity By 2030

21% CAGR

For Drone Tech Market Opportunity In India From 2022 To 2030

TOC SUMMARY

Table Of Contents

  • India’s Digital Economy In A Nutshell
  • The Rise Of India’s Drone Tech Startups
  • Decoding The Drone Tech Opportunity
  • India’s Drone Tech Startup Landscape
  • The Drone Tech Value Chain
  • Understanding Drone Tech Use Cases
  • Drone Tech Funding Trends In India
  • The List Of India's Drone Tech Startups
  • Regulatory Framework & The Role Of Government In Drone Tech
  • Key Factors Propelling The Growth Of The Drone Tech Ecosystem In India
  • Key Challenges Faced By Drone Tech Startups In India
  • Performance Of Listed Indian Drone Tech Startups

Summary

India's drone tech market is poised for significant growth, with projections estimating its value to reach $13 Bn by 2030. Presently, the sector is bustling with activity, featuring over 200 startups that have collectively attracted more than $140 Mn in funding. A notable trend is the prevalence of funding in the growth stage, highlighting the sector's advancing maturity in India. The adoption of drone technology is rapidly expanding across various industries, as numerous companies integrate drones into their operational frameworks. This surge is further supported by relaxed regulatory policies and strong government backing, pointing towards a future where drones are widely accepted and utilised across a multitude of sectors in India.

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