IG Drones eyes aggressive defence foray
Mint. Established in 2018, IG Drones currently can produce 100 drones per year. It also offers solutions in high-precision drone surveying, mapping, and inspection across industries.
It has also introduced 5G-enabled drones and an indigenously developed drone simulator. Last week, it secured a procurement order from the defence ministry to provide drones for surveillance purposes. The manufacturing facility is expected to be launched by June and will commence with a 30% capacity.
The company plans to reach 100% capacity output of 1,000 drones within a year of the launch. "This will be 90% for defence and the 10% will be for civilian applications. We work with a long-term vision.
Today, there is a huge demand for a drone as hardware. But, ten years down the line, drones will be commoditized. And, then drones will not play a major role.
The data (collected via drones) will play the major role," Sanghapriya added. In India, the drone industry received a major push with the liberalization of regulatory framework in the form of Drone Rules 2021. To promote the indigenous drone industry, the government had also notified the Production Linked Incentive (PLI) scheme for drones and drone components in September 2021 with a total incentive of ₹120 crore spread over three financial years.
The industry is further optimistic of more incentives to promote exports. “We hope for more incentives, particularly in exports, which will help us compete at a better price on the global stage. There can also be more allocation and more relaxations under the PLI, particularly in an evolving sector like drone," he added.
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