To maximise utility of drone in public life, Indian government has been liberalising its drone policy for last few years. Now, drone is not restricted to defense sector only as Ministry of Civil Aviation is mending ways to use drone in agriculture, healthcare, tourism, other sectors.

Hence, a lot of activities are taking place at drone manufacturing companies as Adani Enterprises signed a definitive agreement to acquire 50 per cent stake in General Aeronautics Private Limited, which provides commercial drone-based solutions for crop protection.

Like Adani Enterprises, RattanIndia Enterprises has acquired 60 per cent stake in India's leading drone manufacturing company Throttle Aerospace Systems Pvt Ltd (TAS).

According to stock market experts, Government of India (GoI) is now looking at drone beyond defense sector. Now, the GoI has allowed using drone in agriculture, healthcare and some other sectors.

They said that after new drone policy released in July 2021, drone coverage has been increased from 300 kg to 500 kg. Now chances are high for Indian government allowing use of drone in supply-chain system for e-commerce companies like Amazon, Flipkart, etc.

Taking note of recent activities in Indian drone market, they listed out 5 drone making stocks to buy. Those 5 drone making stocks are Zen Tech, Paras Defense, BEL, DCM Shriram and RattanIndia Enterprises.

While inaugurating drone festival in New Delhi, Prime Minister Narendra Modi termed drones as a 'game-changer' in the agriculture sector and pointed out the need for drones to improve last-mile healthcare delivery.

He said that during COVID, drones helped in delivering vaccines to the remotest corners of the country. Inviting investors from domestic and overseas market, PM Modi said that PLI Scheme will be soon introduced to build a drone manufacturing ecosystem in India.