The global market for drones and drone powered solutions is expected to cross $100 billion by 2023, and India seems to be on the right track to cash on in this sector. 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. The policy, which has been formulated by the Ministry of Civil Aviation has created a huge base for a drone ecosystem in the country. By lifting the blanket ban on activities related to drones, companies will now be able to utilise RPAs for commercial purposes. However, experts have called the existing policy “restrictive in terms of usage, height and weight limits” of drones, which gives “very little leeway for commercial usage”. They believe the government could go on to relax the policy in 2019, which would open a broader gateway for industries to leverage the unmanned aviation vehicle (UAV) technology.

(Money Control)