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    Icon Meets Icon: Johnnie Walker Luxe Blended Water x Virat Kohli Usher in a New Era of Keep Walking for a Billion Hearts.

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    Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2026, on April 16, 2026.

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    Veolia celebrates 25 years at Hoskote in Bangalore: a world-class hub for advanced water technologies and global innovation.

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    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

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    TATA IPL Fan Parks 2026 Phase 2 to cover 30 cities across 18 states & 1 UT

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    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

    India’s Transformation into a Global Health Powerhouse

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    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    L to R - Previn Pillay Country Manager Visa Malaysia Bryan Foong CEO of Airline Business MAG.

    Malaysia Airlines and Visa Malaysia Partner to Drive Travel Demand and Deliver Seamless Payment Experiences.

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Nandini Nagaraj orgainsed spectacular “Miss Universe Karnataka 2026” Grand Finale.

    PM chairs CCS Meeting to review the situation and mitigating measures in the context of ongoing West Asia Conflict

    3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety

  • National
    • All
    • Economy & Politics
    • Election

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    Three-day National Agriculture Fair to bring all schemes under one roof for farmers.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Finish Announces Bollywood Star Ayushmann Khurrana as Brand Ambassador, Launches Campaign to Show India the Right Way to Dishwash.

    Icon Meets Icon: Johnnie Walker Luxe Blended Water x Virat Kohli Usher in a New Era of Keep Walking for a Billion Hearts.

    NHRC, India takes suo motu cognizance of the reported illegal detention and torture of a journalist by the Rajkot Crime Branch police in Gujarat .

  • Business

    Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2026, on April 16, 2026.

    NFP, an Aon Company, Acquires Sherman Insurance Agency, Inc., Expanding Transportation and Logistics Expertise Across the Upper Midwest and Beyond.

    Veolia celebrates 25 years at Hoskote in Bangalore: a world-class hub for advanced water technologies and global innovation.

  • Health

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    “Bachpana Shouldn’t Retire”: A National Call to Redefine Aging with Joy, Dignity and Preventive Care

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

  • Technology
    • All
    • Environment
    • Science

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

    Dr. Jitendra Singh inaugurates BioNEST at “Central Food Technology & Research Institute” (CFTRI) Mysuru, Focus on Food Startups

    Auk Computing and Qualcomm Introduce “Make- in- India” AI On-Prem Appliance at India AI Summit 2026

    India AI Stack: Powering Intelligence at Scale

  • Auto

    Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh.

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

    Get Ready to ‘Drive to shine’ with the new Hyundai EXTER at a starting price of INR 5 79 900

    New management structure for the Audi F1 Project

  • Sports

    TATA IPL Fan Parks 2026 Phase 2 to cover 30 cities across 18 states & 1 UT

    Icon Meets Icon: Johnnie Walker Luxe Blended Water x Virat Kohli Usher in a New Era of Keep Walking for a Billion Hearts.

    Tiger Cup 2026 Set to Kick Off in Bengaluru with 56 Teams Across Categories.

    ‘If your base is strong, performance follows’: Aslam Inamdar, Naveen Kumar and Pushpa Rana on modern kabaddi’s demands

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
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    Daily Essentials to Global Travel: Choose a Credit Card That Works for You.

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    MTR Karunadu Swada – Ugadi Special Edition Brings Karnataka’s Culinary Heritage Alive.

    Zydus Launches Semaglutide Injection in an Innovative, Reusable Multi-Dose Pen Device in India

    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

    India’s Transformation into a Global Health Powerhouse

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Drones to Create $100bn GDP boost and Millions of Jobs in India, Says New World Economic Forum Report

New report outlines potential for drone-based transformation of Indian agriculture The report, written in collaboration with Adani Group, outlines use cases for drones, fusing military/civilian technologies enabled by digital adoption, analytics, digital financing and a well-coordinated local stakeholder effort The report provides a framework for development of scalable pilots that can be implemented by various governments

by FWM
October 18, 2022
in Business
0

Gandhinagar, Gujarat, India, 18 October 2022 –

Putting drones at the centre of a technology-led transformation of Indian agriculture, with support from emerging business models such as digital financing, precision agriculture and rapid awareness building, can boost GDP by 1%-1.5% and create at least 5,00,000 jobs in the coming years in India, according to a new World Economic Forum report, Using Technology to Improve a Billion Livelihoods.

The report, which was written by the World Economic Forum’s Centre for Fourth Industrial Revolution, India in collaboration with Adani Group, was launched in Gandhinagar, Gujarat, today.

Arguably, aviation is one of the most regulated sectors globally. India’s bold and measured approach to spur unmanned aviation has been celebrated across a wide spectrum of stakeholders. To make the most of this regulatory landscape, drones must be part of the core agri-equipment repertoire alongside tractors, cultivators, ploughs, diggers and combine harvesters to fortify our farms,” said Vignesh Santhanam, Project Lead, Aerospace and Drones, India, World Economic Forum.

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“The cross-industry application of drones is nearly limitless and continues to make great strides. It offers countries like ours the opportunity to leapfrog generations of infrastructure, healthcare, logistics, agriculture and defence advancements and break several process barriers. When combined with next-generation imaging technologies, edge-based artificial intelligence and machine learning capabilities, the possibilities are endless. We have always believed that the most meaningful revolutions happen at the intersection of various domains – between military and civil, between drones and AI and between physical and digital. India has taken a lead to establish several forward-looking policies under the guidance of the Prime Minister to make India the drone hub of the world by 2030,” said Ashish Rajvanshi, CEO, Adani Defence & Aerospace; President, Strategy & Chairman Office, Adani Group.

Powerful use cases for drones, merging aerospace, AI and digital finance

Different studies have highlighted the immense potential in improving agricultural outcomes for farms through precision agriculture expertise and advisory that can enable a 15% increase in productivity in India’s $600 billion agriculture sector. Drones can play a critical role in unlocking this value as they provide an effective medium to collect data and apply inputs, directly impacting yields and farmers’ income. Scaling drones in agriculture sector will also boost farm mechanization and nudge India closer to global peers.

Coordinated research between civilian and defence technologies

The report also examines how civil-military convergence can accelerate research to benefit civil society applications. The report highlights different use cases for drones in agriculture such as crop monitoring, collecting data for advisory and application of farm inputs.

“Drones are poised to be the enabler of different use cases that leverage Fourth Industrial Revolution technologies. The need is to create a business model that drives rapid adoption and active usage of drones at farm level. It is possible only if the strengths of different ecosystem stakeholders are leveraged and unit-level value proposition is created for farmers,” said Abhay Pareek, Project Lead, Fourth Industrial Revolution for Agriculture, World Economic Forum, India.

Robust local supply chain and support system

In addition, given the nascent state of the drone sector and significant import dependence on various key components, there is a need to build a robust local support system including a “Made in India” supply chain, targeted skill development programmes, next-generation digital financing mechanisms and strong awareness-building programmes in Farmer Producer Organizations, Krishi Vigyan Kendras (KVKs), farmers and policymakers. The report points out that a well-orchestrated set of interventions can add nearly $100 billion to GDP and help India leapfrog multiple challenges in the agriculture sector with the use of technology.

The need for a “drone microcosm” while mainstreaming

The mainstreaming of drones in the agricultural sector needs to be aided with the creation of a “green microcosm” where an integrated “drone-centric rural hub” is set up and stabilized across crop cycles. The microcosm would be a controlled environment that would test varied use cases pertinent to agriculture as well as other rural applications.

Further, considering the complexity of India’s agriculture system including different agro climatic zones, range of crop varieties, despaired use of irrigation technologies etc. drones’ integration in Indian agriculture can be achieved with form factor of drones and mission-based approach in partnership and ownership of stakeholders

“Drone costs fall significantly with local scale. There are multiple use cases on the same drone that can be achieved with a quick switch of payloads – from spraying to broadcasting to logistics. Creating local hubs where these applications can be deployed at scale can establish the business case and help players grow rapidly,” said Rangarajan Vijayaraghavan, Vice-President Strategy & Chairman Office, Adani Group.

FWM

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