Drone Takeoff
Business Today|January 21, 2019

Four years after the regulatory crackdown, drones are set to rise from the shadows as government releases a roadmap for opening up the skies.

Manu Kaushik
Drone Takeoff

IT’S PERHAPS the largest drone manufacturer in the country but Navi Mumbai-based idea Forge was a typical start-up till not too long ago. It was founded by four friends from IIT-Bombay, who built the world’s smallest and lightest autopilot – the brain inside a drone system – and the first indigenous micro unmanned aerial vehicle. The technology gave them entry into defence, particularly the Defence Research & Development Organisation, which gave them their first big order. Today, idea Forge says it supplies over 90 per cent of drones procured by the government.

IdeaForge’s focus on the government is not incidental. The government has been the biggest legitimate procurer of drones in India ever since a Directorate General of Civil Aviation (DGCA) notice in 2014 prohibited their use for civilian purposes, killing at birth what could have been a huge industry, helping tens of different sectors, by now. For instance, in 2014 Amazon had announced that it would make India a test bed for Prime Air Service, its drone delivery arm. The plan could not go anywhere. Mumbai-based Fransesco’s Pizzeria tried to deliver a pizza on a drone but ran into police.

However, all this is set to change with the new drone regulations 1.0 – which allow operators to fly after taking clearance through a mobile app – that kicked in from December 1 last year. The easing of the rules is expected to trigger a boom in the use of drones by both enterprises (public/private) and private service providers.

Bu hikaye Business Today dergisinin January 21, 2019 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today dergisinin January 21, 2019 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
MISSING ADVISORS
Business Today India

MISSING ADVISORS

INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE

time-read
7 dak  |
December 08, 2024
TURNING A CORNER
Business Today India

TURNING A CORNER

SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE

time-read
5 dak  |
December 08, 2024
REALITY CHECK
Business Today India

REALITY CHECK

INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?

time-read
6 dak  |
December 08, 2024
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 dak  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 dak  |
December 08, 2024
MEDIA Juggernaut
Business Today India

MEDIA Juggernaut

THE JOINT VENTURE BETWEEN RELIANCE INDUSTRIES AND DISNEY CREATES AN ENTITY THAT OWNS MORE THAN 100 TV CHANNELS AND WILL HOLD A MONOPOLY ON CRICKET BROADCASTS, POSITIONING IT TO NEGOTIATE AGGRESSIVELY WITH ADVERTISERS

time-read
10+ dak  |
December 08, 2024
'Gap between haves and havenots is narrowing"
Business Today India

'Gap between haves and havenots is narrowing"

Tanvee Gupta Jain, Chief India Economist of UBS Securities India, on India's consumption story and the risks to the Indian economy

time-read
4 dak  |
December 08, 2024
Rural Hope, Urban Fears
Business Today India

Rural Hope, Urban Fears

Industry enthused by signs of a revival in rural demand, but fresh concerns emerge over urban consumption

time-read
3 dak  |
December 08, 2024
CRASH LANDING
Business Today India

CRASH LANDING

The Supreme Court's order to liquidate Jet Airways, after prolonged insolvency proceedings, brings the focus back on the actual effectiveness of IBC

time-read
3 dak  |
December 08, 2024
Indictment and its Aftermath
Business Today India

Indictment and its Aftermath

US prosecutors' decision to press charges against Gautam Adani and others in a case of alleged bribery could hit the group's ambitious expansion plans

time-read
3 dak  |
December 08, 2024