The drone is a common term used for Unmanned Aerial vehicles or UAVs. Drone technology will gain popularity in the coming days and it will continue with the human revolution. Today, we will discuss what is a Drone, what are the top drone companies in India and how they could impact our better future, and finally as an investor how you could be beneficial investing in the best drone stocks in India.
The first thing we must know is that the sector is still in a developing state, so the growth potential of drone companies stocks in India is very high. Currently in India Drone manufacturing companies have a turnover of approximately Rs. 90 crores and according to analysts, the figure will grow to Rs. 15,000 crores by 2026. This could not happen without government liberalization. The government is taking several measures to boost the sector which we can see in the later phase of our discussion.