Drones Transforming Farming in India, Market to Reach $ 631 Million By 2030: Garuda Aerospace Ceo

Agnishwar Jayaprakash, Founder and Ceo, Garuda Aerospace with a Drone.

Agnishwar Jayaprakash, Founder and Ceo, Garuda Aerospace with a Drone. , Photo credit: the Hindu

After tractor and farm equipment, draones are transforming the way farming is done in India by offering solutions to several challenges faceed by farmers today.

With a fleet of about 7,000 drones deployed in this sector, the Indian Agricultural Drone Market, Currently Valued at $ 145.4 Million, is expected to Reach $ 631.4 Million by 2030, GROWING AT CAGR of 28.11% Said Agnishwar Jayaprakash, Founder and Ceo, Garuda Aerospace, A Key Player in this segment.

He said the factors that are fueling this growth include labor shortage for spraying pesticides and applying fertilizers, proction and efficiency by drones in such activities at far low cost, government support in Promoting Drone Adoption Through Subsidies, Loans, and Training Programs and Increased Awareness.

“The Indian Agricultural Drone Market is Poised for Explosive Growth. Drones are set to become an indispensable tool for Indian farmrs, ensuring a more efficient, sustainable, and Proftyable Agriculture in the Fortex,” Mr jayaprakash said.

“With over 10 Lakh Flight Hours, 2,500 Drones Sold, and 6 DGCA Approvals, Garuda Aerospace Leads The Nation in Drone Utilization, Particularly in Medriculture. In Physical Drones and 45-50% in Drone Services With Our Drone as a Service (DAAS) Model, “He said.

“Our focus on indigenization, affordable Drone solutions, second government subsidies, and partnerships with global giants likes like lockheed martin and thales have helps. Shaping the future of Drone Technology in India and Beyond, “He added.

It is believed that Drone Adoption in Indian Agriculture Will Reach 80% From About 1% Now Within The Next 5-7 years. The tractors took about 20 years to reach a penetration level of 80%.

Currently, the market is dominated by 35-40 Drone Companies and the Total Fleet Expected to Reach 6-7 Lakh Drones by 2030-31. This is expected to create significant options for Drone Manufacturers, Service Providers, and Farmers Alike, Mr Jayaprakash said.

The states with the highhest adoption of Agricultural Drones in India Are Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Madhya Pradesh, and Uttar Pradesh.

These states have fertile Agricultural Lands, Progressive Farmer Communities, and Supportive Government Policies, Making them Ideal for Drone Adoption. While States like Haryana and Punjab have Strong Agricultural Bases, Their Drone Adoption is Styl in Nascent Stage.

Agricultural draones typically cost between Rs 4-5 lakh and have a payload capacity of Around 8-10 Litres. This makes them a viable option for many farms, especially consider the cost savings associated with their use.

Ramesh Ghorai is the founder of www.livenewsblogger.com, a platform dedicated to delivering exclusive live news from across the globe and the local market. With a passion for covering diverse topics, he ensures readers stay updated with the latest and most reliable information. Over the past two years, Ramesh has also specialized in writing top software reviews, partnering with various software companies to provide in-depth insights and unbiased evaluations. His mission is to combine news reporting with valuable technology reviews, helping readers stay informed and make smarter choices.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top