India's Union Budget 2026 to Introduce ₹10,000 Crore Drone Incentive Plan Benefiting Key Companies
HYDROGEN
India's Union Budget 2026 is set to introduce a ₹10,000 crore incentive scheme under the 'Drone Shakti' initiative to enhance domestic drone manufacturing. The program will feature a two-tier subsidy system aimed at improving cost-competitiveness and mandates a significant domestic content requirement to reduce import reliance. Key beneficiaries include Zen Technologies, Paras Defence and Space Technologies, and IdeaForge Technology, which are focusing on innovative drone applications and technologies.

Dec 26, 2025, 10:07 AM