Investment in drone startups in India FY 2021-2023

Published by
Shangliao Sun,
Jul 12, 2023
In financial year 2023, investments in drone startups in India was close to 50 million U.S. dollars. It was almost double the amount for 2022. The drone manufacturing sector in India has strong government backing with 1.2 billion Production Linked Incentive (PLI) scheme during the same year.

Investment in drone startups in India from financial year 2021 to 2023 (in million U.S. dollars)

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Release date

March 2023

Region

India

Survey time period

FY 2021 to FY 2023

Special properties

*till March 24, 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

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