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Indian UAV Market is projected to grow at a CAGR of 20.9% during 2020-2026.
The Indian UAV market witnessed substantial growth on account of accelerating awareness, technological advancement, and growing adoption of business UAV s across verticals such as investigation, monitoring, cinematography & photography and agriculture within the country.
The eruption of COVID-19 has highlighted the importance of UAVs in Asian nation and would act in favour of the UAV trade within the upcoming years. The ministry of civil aviation and board of directors general of civil aviation (DGCA) launched the GARUD portal. The platform provides fast track exemptions to government agencies for using UAVs in their operations against the pandemic. UAVs were conjointly extensively employed by state governments to deliver necessities throughout the pandemic.