GOVERNMENT TO ALLOCATE Rs 1 LAKH CRORE FOR ADVANCED DRONE R&D, STOCKS THAT CAN BENEFIT
The Government of India is on a mission to strengthen domestic drone component manufacturing and reduce reliance on imports. This mission will provide incentives to manufacture drone components and boost R&D for advanced drones, rather than just assembling imported parts.
This initiative is part of India’s broader strategy to achieve technology sovereignty, foster innovation, and support sectors like advanced manufacturing and robotics. The government’s science and technology focus aims to enhance self-reliance in critical technologies. In 2025, drones played a key role in Operation Sindoor, highlighting their strategic importance. The Research Development & Innovation Fund of Rs 1 lakh crore also backs this effort.
Stocks that will benefit from this initiative are -