![]() The company is also working on two separate drone projects with the Defence Research and Development Organisation (DRDO). HAL will conduct a maiden test-flying of the drone by the middle of next year and plans to produce 60 such platforms in the first phase of the project. #1 Hindustan Aeronauticsįirst on the list is the most obvious name among the top defence stocks - Hindustan Aeronautics (HAL).Ī state-owned aerospace and defence company headquartered in Bengaluru, the company is currently developing an artificial intelligence (AI)-driven advanced drone for strategic missions in high-altitude areas including along the frontiers with China. Keeping that in mind, let's take a look at the top drone stocks in India. We're not far away from when India becomes a global drone hub.Īs the emerging drone industry is experiencing high growth, it is crucial to monitor the leading companies in this sector.Ĭhoosing the right drone stock can potentially yield significant returns. She discussed why it's a 4x growth opportunity in drone manufacturing by conservative estimates.Īlthough at a nascent stage, the industry has a wide scope and looks quite promising. In fact, Co-head of Research at Equitymaster Tanushree Banerjee spotted this opportunity early on. You can read our previous pieces on drones, here, here, and here. ![]() With increasing demand for drone technology in diverse sectors such as agriculture, logistics, and defense, it's no wonder that the Indian drone market has witnessed significant growth in recent years.įor quite some time now, we've been writing to you about the massive opportunity in drone manufacturing. ![]()
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