The drone revolution has begun!
Drones, or unmanned aerial vehicles (UAV) are reshaping major industries and creating new ones.
If you were thinking that drones are just used for defence purposes, think again. Because a host of sectors have adopted to drone technology.
Drones are the latest of the technological breakthroughs in a period of conflict.
Over the years, technology has been a game changer for the defence sector. Initially, during the reign of Mughal emperor Babur, the use of gun powder made elephants redundant in wars.
It was rightfully said that modern war will be fought with drones.
Don't get confused here because defence is not the only use case of drones. Various industries are changing their stance and adopting drone technology. No wonder India is taking a big leap.
Although at a nascent stage at present, the drone industry has a wide scope and looks quite promising. Imagine the use cases of drones for transportation, agriculture, law enforcement, surveillance, and defence.
The drone market in India is set for explosive growth in the coming decade. So, you've come to the right place in search for drone stocks in India.
At present, there are limited drone stocks in India. But it won't be long before many more companies take the plunge and explore the use cases of drones.
We're not far away from when India becomes a global drone hub. Whether we like it or not, drones are here to disrupt the market.
By the way, do check out our editorial on why we believe drones are the future of defence.
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