News > Industry welcomes new drone rules, sees Rs 50,000 crore market potential

Industry welcomes new drone rules, sees Rs 50,000 crore market potential

Broadcast And Cablesat | 26/08/2021 07:14 PM | Click to read full article

The government on Thursday announced the new “Drone Rules, 2021,” which ease the approval process, allow self certification and reduce the documentation and fees, were welcomed by the industry.

“The issuance of these rules marks a new era in the Indian drone ecosystem which has a market potential of more than Rs 50,000 crore and can create 500,000 professional jobs in the next five years,” said Smit Shah, Director, Drone Federation of India.