Indian drone startups buckle up for increased competition, investments

Introduction of drone policy sets the stage for global players to enter the market, while giving direction to the local industry

So finally, the much-awaited drone policy has been put into place. With this, the so far dormant segment has now opened up a whole new world of opportunities as well as challenges.

Opportunities, because it opens up doors to different segments that offer a variety of applications which were hitherto unthinkable. Challenges, as it uncovers the market to global drone makers and providers thus bringing in intense competition for domestic firms. It also requires them to burn cash in the short term to meet new technological requirements such as integrating features like obstacle avoidance and barometers, among others.

But as