Union Budget 2024-25 aims to boost India's agricultural drone market to $13 billion by 2030

firstpost.com

The Indian agricultural drone market, valued at $145.4 million, is expected to grow to $13 billion by 2030. The upcoming Union Budget 2024-25 is anticipated to support this growth through targeted allocations and policies aimed at empowering farmers and enhancing local manufacturing. The Namo Drone Didi scheme, launched in 2024, aims to equip 14,500 women self-help groups with drone technology. This initiative, along with increased funding for local manufacturing, is designed to reduce import dependency and promote domestic production of drones. The budget is expected to prioritize expanding drone accessibility for small-scale farmers and integrating drones with other precision farming technologies. These measures aim to enhance agricultural efficiency and sustainability, positioning India as a leader in innovative farming practices.


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Union Budget 2024-25 aims to boost India's agricultural drone market to $13 billion by 2030 | News Minimalist