The focus should
be on quality, innovation and indigenisation to make India a global hub for
drones as well as increase the commercial market for drones, Union minister V K
Singh said on Thursday 1 Sep. The government is working on ways to boost the
drones segment and among others, a Production Linked Incentive (PLI) scheme for
drones and drone components is in place.
Singh, who is the
Minister of State for Civil Aviation, said that drone applications have increased in recent years and there is a need
to increase the commercial market for drones.
“If the commercial
market does not increase then the market will not grow as the military demand
is very less. With simple solution at lower price, you (industry) will capture
the market and the more it grows the better it is as you create a hub and
dependence of many people on it,” he said.
The minister was
speaking at an event organised by industry body Ficci and Vivekananda
According to a release, Singh
said that if India has to become a drone hub, “we have to ensure that you
manufacture here. Initially the cost may be more but with the increase in volume,
the prices will come down”.
A report by
Ficci-EY released at the event said the drone industry can take the total
addressable manufacturing potential in India to USD 23 billion by 2030.