Drone Festival 2022 : The government’s new liberalised drone guidelines, unveiled in 2021, provided the stranded drone sector wings. Over 150 firms — from hardware to software to component OEMs — exhibited their solutions during a two-day drone festival in New Delhi, providing a taste of this. Drones are employed for entertainment, commerce, and defence, however the former has been overlooked in favour of the latter two.
Adani Defence and Aerospace, IdeaForge, MapmyIndia, Dassault Systèmes, and Esri, to mention a few, were all represented in the exhibition area, representing an end-to-end drone and UAV ecosystem. Corporations like Dassault Systèmes have a software platform that allows companies to envision and design drones, as well as obtain government-mandated certification. There were also GIS firms such as ESRI and MapmyIndia. Drone manufacturers can access MapmyIndia’s mapping and GIS location data, which is also used by the government’s Digital Sky Platform.
The Zen Anti-Drone System displayed its drone countering setup while the remainder of the firms displayed their drone technology. This featured both a soft counter involving nets and a harsh counter including shooting down the drone. The Indian Airforce had also placed an order for the anti-drone technology worth Rs 155 crore with Zen Technologies. RC Dhamaka, a Bengaluru-based company, also has components for drones on exhibit.
Many officials from the Indian military forces were seen asking about new technology that they could analyse and use, according to Business Today. Prime Minister Narendra Modi opened the two-day drone festival, saying that promoting drone technology is another way to advance India’s commitment to good governance and ease of living. “Technology has aided much in promoting the aim of saturation and assuring last-mile delivery,” he continued. And I’m confident that if we keep moving forward at this rate, we’ll be able to achieve Antyodaya’s aim.”
In the middle of all of this, research firm Research and Markets predicts that India’s UAV market will be valued $1.81 billion (or Rs 13,575 crore) by FY26, and the Drone Federation of India predicts that the sector will reach Rs 50,000 crore in the following five years. Agriculture, real estate, homeland security, and defence will be the primary drivers of the industry; strategic defence procurements are not included in this forecast. However, if the market for drone delivery and drone taxis is soon enabled, the industry will grow tenfold.