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But a comparison with global data suggests that India still lags the industry's international peers in terms of funding
After the government's push, the big boys of India Inc are racing for a pie of the emerging drone industry. But why's this race? What does India's drone ecosystem have to do with it? Let us find out
Business sentiment has improved in drone industry in the last six months and we are getting larger orders from govt and private customers," said Omnipresent Robot Tech's Sinha
What does RBI's status quo on key policy rates mean? Will India's drone economy take off after ban on imports? Will RBI policy give support to equities and bonds? What is IPv6? Find all answers here
Amid the continuing disputes between China and US, drones have taken center stage as concerns surface that Shenzhen-based DJI may be relaying some sensitive data to Chinese intelligence agencies
The government on Friday released an interactive digital airspace map for drone operations that demarcates areas into zones, including yellow and red, across the country for flying drones
The production-linked incentive (PLI) scheme for drones will not only boost domestic manufacturing of drone and drone components but also bring in new use cases and applications across various sectors, industry experts said. The Union government on Wednesday had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years. Paras Jain, founder, and Chief Executive Officer of Indo Wings said the approval of the PLI scheme for drones will bring tremendous benefits for all the sectors of the economy. "...this would open many more verticals for the utilisation of drones...It was encouraging to see the government's consideration of startups in the drone ecosystem due to which they have kept the revenue requirement of only Rs 2 crore for MSMEs ( Micro, Small & Medium Enterprises) to avail PLIs," he said. The Centre has kept the eligibility norm for MSME and startups in terms of annual sales turnover at a nominal level -- Rs 2 .
Govt, Irdai considering using artificial intelligence to control fraud claims, cut delays in settlement
The rules will replace the Unmanned Aircraft System Rules, 2021, which came into effect in March this year
Air taxis that will traverse the airspace instead of roads will be very much possible in the coming days under the drone rules announced on Thursday, Civil Aviation Minister Jyotiraditya Scindia said
The Ministry of Civil Aviation has eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and the decreasing the types of fees charged from the operator from 72 to 4. The Drone Rules, 2021, were issued on Wednesday. They supersede the Unmanned Aircraft System (UAS) Rules, 2021, which had come into force on March 12 this year. The fee, according to the new rules, has been reduced to nominal levels and de-linked from the size of the drone. For example, the fee for a remote pilot license has been reduced for Rs 3,000 (for a large drone) to Rs 100 for all categories of drones and it is valid for 10 years. The rules have also abolished the requirement of various approvals, including certificate of conformance, certificate of maintenance, import clearance, acceptance of existing drones, operator permit, authorisation of R&D organisation and student remote pilot licence. Other approvals such as unique
India has fewer start-ups in the drone technology space than the US and China; it also lags most other economies in funding
Smit Shah, the director of Drone Federation welcomed the move and said if government has taken this bold move of notifying a liberal policy then India has decided to be leader in this technology
'Updated rules are built on a premise of trust and self-certification,' says civil aviation ministry.
The new rules are likely to be unveiled on the Independence Day
India needs to invest more in counter-drone research and technology and procure them in a planned manner to address the security concerns arising from rogue operations the unmanned aerial vehicles
The aerial survey of the law and order situation, forests, agriculture and other activities can be done under the initiative.
NHAI has mandated that contractors and concessionaires will carry out the drone video recording in the presence of the Supervision Consultant
If the bodily injury results in permanent disability, the insurer will have to pay 125 per cent of the sum assured.