Drones are transforming industries like defence, agriculture, and logistics. Explore the leading drone companies in India ranked by their market capitalization. Data as of 4th December 2024. Source – Forbes.
India’s drone sector is booming, driven by government initiatives like the Drone Shakti program and PLI schemes, with applications spanning defence, logistics, and agriculture.
Market cap: ₹17,71,319 Cr. Reliance Industries, through Asteria Aerospace, specializes in drone technology for mapping, surveillance, and delivery logistics. It caters to both industrial and government applications. Note: RIL also operates in sectors such as energy, retail, natural gas, and more.
Market cap: ₹5,32,960 Cr. Mumbai-based L&T leverages its engineering expertise to produce drones for defence, infrastructure, and industrial surveillance. Note: L&T is a multinational conglomerate operating in industrial technology, heavy industry, engineering, and more.
Market cap: ₹2,28,686 Cr. BEL manufactures advanced counter-drone systems for defence and homeland security. Its drones offer real-time detection, tracking, and neutralization capabilities.
Market cap: ₹17,437 Cr. DCM Shriram focuses on agricultural drone technology, including precision spraying and crop monitoring solutions, they are expanding in India’s agritech ecosystem.
Market cap: ₹15,437 Cr. Hyderabad-based Zen Technologies develops anti-drone systems for defense operations. Its products include simulators and surveillance tools.
Market cap: ₹9,971 Cr. RattanIndia is pioneering drone logistics and mapping services, with applications in infrastructure and e-commerce. It is at the forefront of creating drone-based delivery solutions.
Market cap: ₹293 Cr. Droneacharya, headquartered in Pune, offers drone training, manufacturing, and mapping services for sectors like agriculture and disaster management.
India’s drone industry is poised for exponential growth, supported by government initiatives like Drone Shakti and PLI schemes. With companies like Reliance, BEL, and L&T leading the charge, the sector is revolutionizing defence, agriculture, and logistics. Data as of 4th December 2024. Source – Forbes.