Don’t miss the latest developments in business and finance.

Drone Regulations

Prime Air was slow to launch. A Bloomberg investigation in 2022 revealed that the program was beset by technical challenges, high turnover and safety concerns

Updated On: 31 May 2024 | 10:48 PM IST

The government needs to expand the production-linked incentive (PLI) scheme and develop an ecosystem to realise the goal of making India a global drone hub, a report said on Tuesday. An incentive of Rs 120 crore spread over three financial years was provided for Indian manufacturers of drone and drone components under the PLI Scheme notified on September 30, 2021. As per the Ministry of Civil Aviation projections, the Indian drone manufacturing industry is expected to reach Rs 900 crore by 2025 from just Rs 60 crore in 2020-21, according to a study conducted by Nexgen Exhibitions. It also noted that the Indian drone market is expected to grow at 22.15 per cent CAGR (compounded annual growth rate) during the 2024-30 period. With innovation and expansion of its application portfolio, India has the potential of becoming the global drone hub by 2030, it stated. The study highlighted that the key to realising India's vision lies in boosting the domestic drone ecosystem. Other major fac

Updated On: 21 May 2024 | 5:44 PM IST

Authorities in Punjab have raised an objection over the use of a drone by Haryana to air-drop tear gas shells on agitating farmers in their territory at the Shambhu border, a senior official said on Wednesday. Punjab's Patiala Deputy Commissioner (DC) Showkat Ahmed Parray has written to the Ambala Deputy Commissioner, asking him not to send their drone inside Punjab's territory at the Shambhu border near Ambala. Haryana security personnel had deployed a drone on Tuesday to drop tear gas shells to disperse farmers who were trying to break barricades in an attempt to march towards Delhi to press the Centre for various demands. Farmers claimed the unmanned aerial vehicle dropped several tear gas canisters on them when they were standing well inside Punjab territory. "I wrote the letter to the Ambala DC not to send the drone inside our area," Parray told PTI on Wednesday. He said he conveyed this to the Ambala Senior Superintendent of Police as well. Parray said after he took up the

Updated On: 14 Feb 2024 | 10:39 AM IST

Final agreement between two sides will enable exchange of data on flight plans

Updated On: 20 Apr 2023 | 10:03 PM IST

The Prime Minister will interact with 'Kisan drone pilots', witness open-air drone demonstrations and interact with startups in the drone exhibition centre

Updated On: 26 May 2022 | 12:13 PM IST

Omnipresent Robot Technologies Founder and CEO Aakash Sinha told PTI that the 51 km-long flight of Omni-Hansa V5 took place on November 3.

Updated On: 07 Nov 2021 | 10:41 AM IST

The production-linked incentive (PLI) scheme for drones will not only boost domestic manufacturing of drone and drone components but also bring in new use cases and applications across various sectors, industry experts said. The Union government on Wednesday had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. Paras Jain, founder, and Chief Executive Officer of Indo Wings said the approval of the PLI scheme for drones will bring tremendous benefits for all the sectors of the economy. "...this would open many more verticals for the utilisation of drones...It was encouraging to see the government's consideration of startups in the drone ecosystem due to which they have kept the revenue requirement of only Rs 2 crore for MSMEs ( Micro, Small & Medium Enterprises) to avail PLIs," he said. The Centre has kept the eligibility norm for MSME and startups in terms of annual sales turnover at a nominal level -- Rs 2 .

Updated On: 16 Sep 2021 | 9:21 PM IST

Proposed drone rules will open up new opportunities

Updated On: 20 Jul 2021 | 10:17 PM IST

We should not be oblivious to the significance of exercising caution to ensure that the so-called stringent regulatory oversight does not morph itself into an arbitrary one

Updated On: 13 Jan 2020 | 9:49 PM IST

The data collected using drones can also be used to compare original plans with the ongoing construction work to show customers how a site is progressing, says Radius Developers COO Ashish Shah

Updated On: 09 Sep 2018 | 4:10 PM IST

Proposed regulations for drones should be improved

Updated On: 02 Nov 2017 | 11:02 PM IST

Move is likely to encourage their commercial use; four-fold classification of drones on the cards

Updated On: 02 Nov 2017 | 9:27 AM IST