Drone industry will stand at $1.8 billion by 2026: Jyotiraditya Scindia

Updated:1 month, 1 week ago

New Delhi, Sep 16 (ANI): A day after Production Linked Incentive (PLI) Scheme was announced for drone industry, Union Civil Aviation Minister Jyotiraditya M Scindia stated that the industry will stand at $1.8 billion by 2026, according to estimates. “We are estimating an investment of around Rs 5,000 crore in manufacturing segment of the drone, in the next three years. This would generate nearly 10,000 employment opportunities. This will bring revolution in the sector. Production-Linked Incentive (PLI) scheme to create a turnover of Rs 900 crores from drones manufacturing in next 3 years. We are estimating that the drones industry will stand at $1.8 billion by 2026,” said Jyotiraditya M Scindia.

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