India Drone Market Poised for Rapid Growth – Expected to Reach $1,437 Million by 2029
The India drone market is set to expand significantly, growing from $654 million in 2024 to $1,437 million by 2029 at a CAGR of 17.0%. The demand for drones is surging across defense, agriculture, e-commerce, surveillance, and infrastructure, driven by technological advancements, favorable government policies, and increasing commercial applications. The drone volume in India is also expected to increase...
India’s Drone Market: Growth, Opportunities, and Strategic Sector Expansion
The India Drone Market is set to grow significantly, expected to increase from USD 654 million in 2024 to USD 1,437 million by 2029, with a compound annual growth rate (CAGR) of 17.0%. This robust growth trajectory is a result of government policy support, rapid technological advancements, and a surge in demand across both defense and commercial sectors. Here, we examine the critical factors driving...