INDIAN MARKET

List Of Indian Drone Companies

Drones first gained attention when Amazon announced its experiment with them in 2013. A drone is a flying robot that can be controlled remotely or fly autonomously. Drones have grown in popularity in recent years.

A drone is an Unmanned Aerial Vehicle (UAV). UAVs have traditionally been associated with the military. Initially, they were used for anti-aircraft practice, intelligence gathering, and, more controversially, as weapons platforms.

Top Drone Companies In India Listed In Stock Market

Utilization of drones

Drones are now used for a variety of purposes, including the following:

Defense
Journalism, filming, photography,videography
Delivery purposes
Topographical mapping
Safety and security measures
Agricultural usage
Search and rescue
Surveillance
Traffic monitoring
Weather monitoring
Firefighting
Personal use

Drone technologies are being developed in India, whether for lifting goods, defensive line, or food delivery. In this article, we will look at the top drone companies in India.

Top Drone Companies in India

Find out the drone manufacturing listed companies in India to buy from and indulge in long-term investment:

Paras Defense & Space Technologies
Dcm Shriram Industries Ltd.
Hindustan Aeronautics Ltd.
Zen Technologies
RattanIndia Enterprises

Paras Defense & Space Technologies

The company has over 40 years of experience in defence and space engineering. The IPO shares were allotted at Rs 175 per share and will be listed on the BSE Ltd and National Stock Exchange of India Ltd NSE on October 1, 2021. Those who purchased shares of Paras Defense and Space Tech in the initial public offering nearly tripled their money within minutes of the listing.

Government projects accounted for the majority of the company's revenue as of the end of March 2021.

Paras Defense is collaborating with foreign UAV (Unmanned Aerial Vehicle) manufacturers on Drone technology. It has collaborated with the Latvian Fixar, the Italian Nurjana Technologies, and another Israeli company.

DCM Shriram Industries Ltd.

DCM Shriram Industries Limited is a public company that was founded on February 21, 1989. DCM Shriram Industries is a diverse corporate entity with interests in sugar, alcohol, organic and inorganic chemicals, drug intermediates, rayon tyrecord, shipping containers, and processed cotton yarn.

DCM Shriram Industries announced an agreement with Zyrone Dynamics, a Turkish UAV and drone manufacturer, in August 2021.

DCM Shriram Industries purchased 30% of the firm's shares for US$1 million under this agreement, giving it a total valuation of US$3.5 million.

Hindustan Aeronautics Ltd.

Hindustan Aeronautics Ltd. was established in 1963. Hindustan Aeronautics Limited (HAL) is a public sector enterprise that designs, manufactures, repairs, overhauls, upgrades, and services a wide range of products such as aircraft, helicopters, aero-engines, avionics accessories, and aerospace structures.

The first five Tapas drones will be manufactured in India by the company. The Indian Air Force requested a proposal to supply 70 basic trainer HTT40 aircraft last year.

Zen Technologies

Zen Technologies was founded in 1993. Zen Technologies, headquartered in Hyderabad with offices in India and the United States, is a leading provider of defence training solutions. Zen Technologies Limited designs, develops, and manufactures cutting-edge combat training solutions for the training of defence and security forces worldwide.

Zen Technologies is a proven leader in developing and measuring Combat Readiness, having shipped over 1,000 training systems around the world.

Zen Technologies is a company that is publicly traded on the Bombay Stock Exchange and the National Stock Exchange.

RattanIndia Enterprises

RattanIndia Enterprises was established in 2010. RattanIndia Enterprises Limited is an Indian human resource consultancy and manpower firm.

RattanIndia Enterprises made a strategic investment in Matternet, the world's most extensive urban drone logistics platform, in August 2021.

It also announced the establishment of an Indian subsidiary, NeoSky, to jumpstart the drone industry in India.

These are just an a few examples. Other companies, such as Zomato Ltd, Info Edge (India) Ltd, and Solar Industries India Ltd, are also working on drones.