Drone Regulations 1.0 can fetch India major slice of $100 billion industry
7 Jan 2019 8:47 PM GMT
The policy, formulated by the Ministry of Civil Aviation, has created a huge base for a drone ecosystem in the country.
- The country's newly-announced Drone Regulation 1.0 is a step to open up the use of Remotely Piloted Aircraft (RPAs) — commonly known as drones — for commercial activities.
- The regulations will be enhanced in 2019, multiple industries stakeholders told Moneycontrol, adding that the drone industry could see a huge market in the near future.
- Mughilan T, Co-founder and CEO of Skylark Drones that provides drones solutions for enterprises is of the view that the policy has the potential to create conditions for Indian companies to innovate products for global use.
- However, experts suggest that the commercial delivery of food via drones will not start in 2019.
- Dubey noted that Drone Regulations 2.0, expected in late 2019, could enable beyond visual line of sight (BVLOS) operations, delivery of payloads and automation of the air traffic management.
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