2022
India has the potential to become a drone manufacturing hub
Total market size of India’s drone industry (commercial and defence combined): ₹2,900 crore
2025*
Counter-unmanned aircraft system: ₹20,000 crore
Defence: ₹38,300 crore
Commercial: ₹13,000 crore
Homeland security: ₹6,000 crore
Total market size: ₹77,300 crore
40 per cent hardware indigenisation: ₹32,640 crore
Exports: ₹4,300 crore
2030*
Counter-unmanned aircraft system: ₹49,000 crore
Defence: ₹1,01,000 crore
Commercial: ₹75,000 crore
Homeland security: ₹23,000 crore
Total market size: ₹2,48,000 crore
60 per cent hardware indigenisation: ₹1,77,000 crore
Exports: ₹47,000 crore
*ESTIMATES; SOURCE EY-FICCI’S ‘MAKING INDIA THE DRONE HUB OF THE WORLD’ REPORT…