Why drone insurance will be central to India’s ₹15,000 crore UAV market

The drone market in India has moved from a novelty to a necessity market. It has a value of about 57 billion INR based on applications in agriculture, logistics, defense, media, and infrastructure inspection. As drones move to become essential resources, the challenge is not how drones can change India’s economic landscape but whether risk infrastructure such as insurance, can evolve to match the pace. Globally, there is rapid growth in the market for drones as insurers continue to cover their use in commerce, increasing regulation, and their use in the defence and security sectors.