India bans import of drones to boost local manufacturing

Drone components can be imported and will require no approvals.

The Directorate General of Foreign Trade has decided to ban the import of foreign drones to boost local manufacturing. The import of drones for research and development and defence and security will be exempt from the ban, but will require clearances. Drone components can be imported and will require no approvals.

The latest Union Budget has proposed the Drone Shakti scheme to promote the use and application of ‘drones as service’ in the country. The government would encourage startups to implement Drone Shakti through various applications, with an upskilling course to be started soon, Nirmala Sitharaman, Finance Minister said.

The Union Budget also encouraged farmers to use drones to spray insecticides and nutrients on farms and conduct crop quality assessments to boost productivity.

THE BELAMY

Sign up for your weekly dose of what's up in emerging technology.

The Government of India launched a Production Linked Incentive Scheme for drones and drones components manufacturing in 2021.

The drones and drone components manufacturing industry is likely to see an investment of over INR 5,000 crore over the next three years.  The annual turnover of the drone manufacturing industry is projected to grow from INR 60 crore in 2020-21 to over INR 900 crore by FY 2023-24 and is expected to generate over 10,000 direct jobs over the next three years, according to Ministry of Civil Aviation.


Download our Mobile App



More Great AIM Stories

SharathKumar Nair
Sharath is an ardent believer in the ‘Transhumanism’ movement. Anything and everything about technology excites him. At Analytics India Magazine, he writes about artificial intelligence, cybersecurity and the impact these emerging technologies have on day-to-day human lives. When not working on a story, he spends his time reading tech novels and watching sci-fi movies and series.

AIM Upcoming Events

Early Bird Passes expire on 3rd Feb

Conference, in-person (Bangalore)
Rising 2023 | Women in Tech Conference
16-17th Mar, 2023

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
27-28th Apr, 2023

3 Ways to Join our Community

Telegram group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our Daily newsletter

Get our daily awesome stories & videos in your inbox
AIM TOP STORIES