Indian Economy News

India can be a global hub for drones: PM Modi

Prime Minister Mr. Narendra Modi remarked at the start of the two-day Drone Festival of India 2022 in New Delhi that India has the potential to become a worldwide drone hub.

At the inauguration event, Modi presented 150 drone pilots with digital certificates prior to his address. He also met young farmers who were farming with drones.

He also invited officials to visit the drone festival to learn more about how drones might be used in their departments. He also asked foreign investors and technological firms to participate in India's growing drone sector, while lauding the fact that many of the drones on show were built in India.

The Indian government has promoted the use of drones in a variety of industries. Last August, India passed the Drone Rules 2021, which simplified the certification procedure and replaced the earlier clearance processes required to fly drones. A month later, the government also authorised a Productivity Linked Incentive (PLI) scheme worth Rs. 120 crore (US$ 15.47 million) for the manufacture of drones and drone components in the country.

At the Union Budget Speech in February 2022, Minister of Finance Minister and Corporate Affairs, Ms. Nirmala Sitharaman, unveiled the Drone Shakti initiative. The government will push the use of drones-as-a-service (DrAAS) in a variety of industries, including agriculture, where it will be utilised for crop assessment, and insecticide and fertiliser spraying. The government also intends to start skill-building courses in a number of Industrial Training Institutes (ITIs) across the country.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.