Revolutionizing Agriculture with Drone Technology in India
CMA (
Dr. )P. Siva Rama Prasad
M.Com., MBA (Finance)., FCMA., FCS., FIIBF., FIII (Life & General Insurance)., MAIMA.,
Insolvency Professional
Asst. General Manager (Retd.)
State Bank of India
Hyderabad
“Drones” Finance
(Corporate, MSME and Agriculture Segments by Commercial Banks)
&
(
Future ‘Drone’ Market in India
)
Future ‘
Drone’ Market in India
Agenda
About ‘Drones’.
Basic Features of Drones.
Drone Price & Technicalities (Agriculture Drone Prices).
What are Kisan Drones?
Top 10 Drone Manufacturing Companies in India.
Guidelines of Sub-Mission on Agricultural Mechanization (SMAM).
Union Kisan ‘Pushpak’.
Drones Finance-‘Corporate’, ‘MSME’, ‘Agriculture’ Segments-Commercial Banks.
Conclusion.
Future ‘
Drone’ Market in India
Benefits of Technology
in any Sector:
Reduction of
Operational Costs
.
Reduction in
Wastages
.
Increase in
Productivity
.
Increase in
Profit
.
It
absorbs
Volumes of Transactions.
Convenience
to the Users.
No Timings
in Usage. It is available for
24/7
.
Future ‘
Drone’ Market in India
Union Government provide 15,000 Progressive Women Self-help Groups (SHG) with Drones to be Rented out to Farmers for Agricultural
Purposes. The Drone Services are envisaged to be used by the Farmers for Nano Fertilizer and Pesticide Applications
Future ‘
Drone’ Market in India
About ‘Drones’
Future ‘
Drone’ Market in India
Until recently, there was a
Conception
that Drones were meant for
‘
Armed Forces’
and ‘
Fighting Enemies’
.
Medicines, Vaccines are being supplied to
Various Parts
of the Country and
it is also being used for ‘
Sprinkling Pesticides, Fertilizers etc.’
on
Crops
.
Future ‘
Drone’ Market in India
However, the ‘
Kisan Drone Suvidha
’ has added a “
New Chapter
” in the
‘
Farming Sector
’ and it will prove to be a ‘
Milestone for Drone
Technology
’.
Experts
in the Agricultural Sector enlightened
Skeptical About the
Benefits
of Drones and How they will increase
Farmers’ Income
.
Future ‘
Drone’ Market in India
Adequate and Timely ‘
Spraying of Pesticides
’ and ‘
Fertilizers
’ may help in
increase
Crop
Production
.
In Farming, apart from
Fertilizers and Seeds
, the Next Highest Input Cost
is the ‘
Labour Cost / Wages’
.
Future ‘
Drone’ Market in India
‘
Leaving Few Rich
’ States like
Punjab and Haryana
, even State like Bihar
do not get enough
Labour at the Time of Farming (Sowing /
Harvesting)
.
In such a Situation, Technology has Stood in
Favour to the Farmers
.
Future ‘
Drone’ Market in India
But the Use of Technology in Farming is a “
Little
Bit Expensive at Initial
Stages
” & “
Knowledge”
is required to operate the New Systems.
But Long Run Benefits like increase in
Productivity and Economies of
Large Scale
.
Future ‘
Drone’ Market in India
Hence, the Government is
Promoting / Focusing the Usage of Drones
to Reduce the ‘
Agricultural Cost of Farmers
’ and Inculcate the
Farm
Mechanization
in Agriculture Sector.
And also use for Water Management Techniques (Certain
Crops requires
Sprinkler Irrigation
).
Future ‘
Drone’ Market in India
Under the “
SVAMITVA Scheme
”,
Land Records
are being Documented
through ‘
Drone Technology
’.
‘SVAMITVA SCHEME
(Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas)
Future ‘
Drone’ Market in India
‘Garud Aerospace’
(Manufacturers of Drones) has set a Goal of
Developing ‘
One Lakh Drones
’, which are being used for ‘
Diverse
Purposes
’.
Future ‘
Drone’ Market in India
Basic Features
of
Drones
Future ‘
Drone’ Market in India
A Drone is an
Unmanned Small Aircraft
that can be
Controlled
Remotely
or it can
Fly Autonomously
.
It Consists of a ‘GPS
Based Navigation System
,’ a Variety of ‘
Sensors
and a Controller
.’
Future ‘
Drone’ Market in India
It Works on
Chargeable
Battery-based Energy (With Less
Electricity Cost
.
It is
Flown and Controlled
by the Remote
Controller (With limited
Skills are sufficient)
.
Depending on the
End Use
, many Types of Equipment such as
Cameras,
Insecticide, Fertilizers Spraying Devices
etc. are also
Installed
on it.
Future ‘
Drone’ Market in India
The Uses of Drone has
Some Distinct Features
such as:
High Field
Capacity and Efficiency
.
Less Turnaround Time
and other Field Operational Delays.
Wastage Reduction
of Pesticide and Fertilizers Due to High
Degree of
Atomization
.
Future ‘
Drone’ Market in India
The Uses of Drone has
Some Distinct Features
such as:
Water Saving
due to
Ultra-low Volume
Spraying Technology in
Comparison to Traditional Spraying Methods
.
Reduction in
Cost of Spraying and Fertilizer Application
in
Comparison to
Conventional Methods
etc.
Future ‘
Drone’ Market in India
The Uses of Drone has
Some Distinct Features
such as:
Besides
Reduction of “Human Exposure”
to “
Hazardous Chemicals”
.
Scientific Studies
are carried out and
Data Supporting
the Drone
Application are Generated.
Future ‘
Drone’ Market in India
“
Pilot Studies
” with Different Approaches like use of:
Remote Sensing Technology
including
Satellite Data and Drone
Based Images
Especially for
Crop Cutting Experiments
Planning.
Direct
Yield Estimation
at Gram Panchayat Level.
Risk Mapping of District and for
Dispute / Area Discrepancy Resolution
etc.
Future ‘
Drone’ Market in India
“
Pilot Studies
” with Different Approaches like use of:
Standard Operating Procedures (SOPs)
which provide Concise
instructions for “
Effective and Safe Operations of Drones for
Pesticides
” and “
Nutrient Application
” have been Released.
The Awareness among Farmers is being created through “
Demonstration
and Capacity Building Programmes
by Government of India”.
The above are conducted by
Mahalanobis National Crop Forecasting
Centre
(MNCFC).
Future ‘
Drone’ Market in India
Drone Price
&
Technicalities
(Agriculture Drone Price)
Future ‘
Drone’ Market in India
Flying Height
: Drones can Fly around
50-100m Height
. Above 50m, a
Special Authorization
is required.
License Required:
Currently, Flying Agricultural Drones Depends on
National Laws
.
For
Non-commercial Use
, No Pilot License is required if
Tiny Rating
Nano and Micro Drones
, (Government Rules).
Future ‘
Drone’ Market in India
Weather
: A Drone can Fly under any Weather Condition. Drones are
Water Resistant
, but
Image Quality
can be Damaged if Pictures are
taken during
Rainy Weather
.
Distances
: It depends on the Drone
Capability and Size
. Fixed Wings
Drones have
Longer Flight Time
and can cover More Field in One Flight.
For instance,
50 Minutes Flight Time will Cover up to 12 km
2
.
Future ‘
Drone’ Market in India
Drone Cost
: Cost of Drones used in Agriculture. A Standard Drone for
Public Use with the Capacity of
12 Liters Starts
at
₹
3.45 Lakhs.
Future ‘
Drone’ Market in India
I
n
t
h
e
A
g
r
i
c
u
l
t
u
r
a
l
S
e
c
t
o
r
,
S
m
a
l
l
D
r
o
n
e
s
w
i
t
h
o
u
t
S
p
e
c
i
f
i
c
T
e
c
h
n
o
l
o
g
y
c
a
n
g
o
f
r
o
m
₹
3
.
6
0
L
a
k
h
s
t
o
₹
1
0
L
a
k
h
s
a
c
c
o
r
d
i
n
g
t
o
i
t
s
W
a
t
e
r
-
h
o
l
d
i
n
g
C
a
p
a
c
i
t
y
.
T
h
e
H
i
g
h
e
r
T
e
c
h
n
o
l
o
g
i
c
a
l
D
r
o
n
e
s
u
s
e
d
s
p
e
c
i
f
i
c
a
l
l
y
f
o
r
A
g
r
i
c
u
l
t
u
r
e
S
t
a
r
t
a
t
₹
1
5
l
a
k
h
s
.
Future ‘
Drone’ Market in India
What
are
Kisan Drones?
Future ‘
Drone’ Market in India
The Kisan Drone will have an
Unmanned Tank Filled
with Insecticides and
Nutrients.
The Drones are Expected to have a
High Capacity of 5 to 10 kgs
.
The
Drone will Spray
the same amount of
Pesticides
on about
One
Acre of Land in Just 15 Minutes
.
Future ‘
Drone’ Market in India
It will
Save Time
, will require
Less Effort and Spraying
will be done
Uniformly
.
They will also be used to
Carry Vegetables, Fruits, Fish
, etc. to the
Markets from the Farms
.
These Items will be
Supplied Directly
to the Market with
Minimal
Damage
, Consuming
Lesser Time
, resulting in more
Profits to Farmers
and Fishermen
.
Future ‘
Drone’ Market in India
Future ‘
Drone’ Market in India
Aero360
Aero360
is one of the Leading Drone Manufacturing Companies in India.
They have been in the
Industry for Several Years
and have Established
themselves as a Pioneer in developing
Innovative Drone Solutions
for
various Industries.
They Specialize in providing
Drone Solutions
for Agriculture, Surveying,
Mapping, and Infrastructure Development.
Their Drones are
Designed to be Efficient
, Cost-effective, and Reliable,
making them a Top Choice for many Businesses.
Future ‘
Drone’ Market in India
Skylark Drones
Skylark Drones
is another
Leading Drone Manufacturing
Company in
India.
They Provide Drone Solutions for
Industries such as Mining
,
Construction, Agriculture, and Defense.
They have been at the
Forefront of the Drone Industry in India
,
providing Cutting-edge Technology that enables Businesses to Operate more
Efficiently and Effectively.
Future ‘
Drone’ Market in India
ideaForge
ideaForge
is a Leading Drone Manufacturer in India that has been in the
Industry for
Several Years
.
They Specialize in
Developing Drones for Defense
, Law Enforcement, and
other Security-related Industries.
Their Drones are Designed to be
Rugged, Durable, and Capable
of
withstanding Harsh Weather Conditions.
Future ‘
Drone’ Market in India
Quidich Innovation Labs
Quidich Innovation Labs
is a
Drone Manufacturing Company in
India
that Specializes in providing Drone Solutions for the
Film and
Television Industry
.
They have Developed a
Range of Drones
that are Specifically designed for
Aerial Filming
and provide High-quality, Stable Footage.
Future ‘
Drone’ Market in India
DJI
DJI
is a
Global Leader in Drone Manufacturing
and has a Significant
presence in India.
They provide Drone Solutions for
Various Industries
such as Agriculture,
Construction, and Surveying.
Their Drones are Designed to be
User-friendly, Reliable
, and Equipped
with Advanced Technology that enables Businesses to Operate more
Efficiently.
DJI has been at the
Forefront of the Drone Industry Globally
and
Continues to Innovate and Develop New Drone Solutions.
Future ‘
Drone’ Market in India
Asteria Aerospace
Asteria Aerospace
is a Drone Manufacturing Company in India that
provides
Drone Solutions
for Defense, Security, and Infrastructure
Development.
They have been in the
Industry for Several Years
and have established
themselves as a
Leading provider of Drone Solutions
in India.
Future ‘
Drone’ Market in India
Om UAV Systems
Om UAV Systems
is a Drone Manufacturing Company in India that
Specializes in providing Drone Solutions
for Agriculture, Mining, and
Construction.
They have Developed a
Range of Drones
that are Designed to be Efficient,
Reliable, and Capable of withstanding
Harsh Weather Conditions
.
Their Drones are
Equipped with Advanced Imaging Solutions
that
enable Businesses to
Gather Accurate Data
and make Informed
Decisions.
Future ‘
Drone’ Market in India
Chennai Microelectronics
Chennai Microelectronics
is a Drone Manufacturing Company in India
that provides Drone Solutions for
Various Industries
such as Agriculture,
Construction, and Surveying.
They have been in the Industry for Several Years and have established
themselves as a
Leading Provider of Drone Solutions in India
.
Their Drones are Designed to be
User-friendly, Reliable, and Equipped
with Advanced Technology that enables Businesses to Operate more
Efficiently.
Future ‘
Drone’ Market in India
Tech Eagle
Tech Eagle
is a Drone Manufacturing Company in India that provides
Drone Solutions to
Various Industries, including Agriculture,
Construction, and Infrastructure
.
They Offer a Range of Products that
Cater to Different Needs
, such as
Aerial Photography and Videography, Surveying and Mapping, and Inspections.
Future ‘
Drone’ Market in India
Skyquad
Skyquad is a Drone Manufacturing Company
based in Bangalore
that
Specializes in Producing Customized Drones.
Skyquad was Founded in 2015 and has
Quickly become One
of the
Leading Drone Manufacturers in India.
They have a
Team of Highly Skilled Engineers Who Design
and Build
Drones for a
Wide Range of Applications
, including Aerial Photography,
Surveying, Mapping, and Inspections.
Future ‘
Drone’ Market in India
Guidelines
of
Sub-Mission on Agricultural Mechanization
(SMAM)
Future ‘
Drone’ Market in India
To Promote of Kisan Drones,
Guidelines Issued
by Sub-Mission on
Agricultural Mechanization (SMAM).
Future ‘
Drone’ Market in India
F
i
n
a
n
c
i
a
l
A
s
s
i
s
t
a
n
c
e
@
1
0
0
%
o
f
t
h
e
C
o
s
t
o
f
D
r
o
n
e
u
p
t
o
a
M
a
x
i
m
u
m
o
f
₹
1
0
L
a
k
h
s
P
e
r
D
r
o
n
e
i
s
p
r
o
v
i
d
e
d
f
o
r
P
u
r
c
h
a
s
e
o
f
D
r
o
n
e
s
f
o
r
t
h
e
i
r
D
e
m
o
n
s
t
r
a
t
i
o
n
b
y
I
n
s
t
i
t
u
t
e
s
u
n
d
e
r
:
Indian Council of Agricultural Research (ICAR).
Farm Machinery Training & Testing Institutes.
Krishi Vigyan Kendras (KVKs).
State Agriculture Universities (SAUs).
State and other Central Government Agricultural Institutions / Departments and Public
Sector Undertakings (PSUs) of Government of India engaged in Agricultural Activities.
Future ‘
Drone’ Market in India
The Farmers Producers Organizations (FPOs) are
Provided Grants up to
75% of the Cost of Agriculture Drone
for its
Demonstrations
on the
Farmers’ Fields.
A
C
o
n
t
i
n
g
e
n
c
y
E
x
p
e
n
d
i
t
u
r
e
o
f
₹
6
,
0
0
0
P
e
r
H
e
c
t
a
r
e
i
s
p
r
o
v
i
d
e
d
t
o
t
h
e
s
e
I
m
p
l
e
m
e
n
t
i
n
g
A
g
e
n
c
i
e
s
t
h
a
t
d
o
n
o
t
w
a
n
t
t
o
P
u
r
c
h
a
s
e
D
r
o
n
e
s
b
u
t
w
i
l
l
H
i
r
e
D
r
o
n
e
s
f
o
r
D
e
m
o
n
s
t
r
a
t
i
o
n
s
f
r
o
m
C
u
s
t
o
m
H
i
r
i
n
g
C
e
n
t
r
e
s
(
C
H
C
s
)
,
H
i
-
T
e
c
h
H
u
b
s
,
D
r
o
n
e
M
a
n
u
f
a
c
t
u
r
e
r
s
a
n
d
S
t
a
r
t
-
U
p
s
.
T
h
e
C
o
n
t
i
n
g
e
n
t
E
x
p
e
n
d
i
t
u
r
e
t
o
I
m
p
l
e
m
e
n
t
i
n
g
A
g
e
n
c
i
e
s
t
h
a
t
P
u
r
c
h
a
s
e
s
D
r
o
n
e
s
f
o
r
D
r
o
n
e
D
e
m
o
n
s
t
r
a
t
i
o
n
s
i
s
L
i
m
i
t
e
d
t
o
₹
3
,
0
0
0
P
e
r
H
e
c
t
a
r
e
.
Future ‘
Drone’ Market in India
I
n
o
r
d
e
r
t
o
m
a
k
e
a
v
a
i
l
a
b
l
e
D
r
o
n
e
S
e
r
v
i
c
e
s
t
o
F
a
r
m
e
r
s
o
n
R
e
n
t
a
l
B
a
s
i
s
,
F
i
n
a
n
c
i
a
l
A
s
s
i
s
t
a
n
c
e
@
4
0
%
u
p
t
o
a
M
a
x
i
m
u
m
o
f
₹
4
.
0
0
l
a
k
h
s
a
r
e
p
r
o
v
i
d
e
d
f
o
r
P
u
r
c
h
a
s
e
o
f
D
r
o
n
e
s
b
y
C
H
C
s
u
n
d
e
r
C
o
o
p
e
r
a
t
i
v
e
S
o
c
i
e
t
y
o
f
F
a
r
m
e
r
s
,
F
P
O
s
a
n
d
R
u
r
a
l
E
n
t
r
e
p
r
e
n
e
u
r
s
.
A
g
r
i
c
u
l
t
u
r
e
G
r
a
d
u
a
t
e
s
E
s
t
a
b
l
i
s
h
i
n
g
C
H
C
s
a
r
e
E
l
i
g
i
b
l
e
t
o
r
e
c
e
i
v
e
F
i
n
a
n
c
i
a
l
A
s
s
i
s
t
a
n
c
e
@
5
0
%
o
f
t
h
e
C
o
s
t
o
f
D
r
o
n
e
u
p
t
o
a
M
a
x
i
m
u
m
o
f
₹
5
.
0
0
L
a
k
h
s
p
e
r
D
r
o
n
e
.
Future ‘
Drone’ Market in India
F
o
r
P
u
r
c
h
a
s
e
o
f
D
r
o
n
e
s
o
n
I
n
d
i
v
i
d
u
a
l
O
w
n
e
r
s
h
i
p
B
a
s
i
s
,
t
h
e
S
m
a
l
l
a
n
d
M
a
r
g
i
n
a
l
,
S
c
h
e
d
u
l
e
d
C
a
s
t
e
/
S
c
h
e
d
u
l
e
d
T
r
i
b
e
,
W
o
m
e
n
a
n
d
N
o
r
t
h
E
a
s
t
e
r
n
S
t
a
t
e
F
a
r
m
e
r
s
a
r
e
p
r
o
v
i
d
e
d
F
i
n
a
n
c
i
a
l
A
s
s
i
s
t
a
n
c
e
@
5
0
%
o
f
t
h
e
C
o
s
t
u
p
t
o
a
M
a
x
i
m
u
m
o
f
₹
5
.
0
0
L
a
k
h
s
a
n
d
O
t
h
e
r
F
a
r
m
e
r
s
@
4
0
%
u
p
t
o
a
M
a
x
i
m
u
m
o
f
₹
4
.
0
0
l
a
k
h
s
.
Future ‘
Drone’ Market in India
F
u
n
d
s
A
m
o
u
n
t
i
n
g
t
o
₹
1
2
9
.
1
9
C
r
o
r
e
s
h
a
v
e
b
e
e
n
r
e
l
e
a
s
e
d
t
o
w
a
r
d
s
K
i
s
a
n
D
r
o
n
e
P
r
o
m
o
t
i
o
n
w
h
i
c
h
i
n
c
l
u
d
e
₹
5
2
.
5
0
C
r
o
r
e
s
r
e
l
e
a
s
e
d
t
o
t
h
e
I
C
A
R
f
o
r
P
u
r
c
h
a
s
e
o
f
3
0
0
K
i
s
a
n
D
r
o
n
e
s
a
n
d
O
r
g
a
n
i
z
i
n
g
t
h
e
i
r
D
e
m
o
n
s
t
r
a
t
i
o
n
s
o
n
t
h
e
F
a
r
m
e
r
s
’
F
i
e
l
d
s
i
n
7
5
,
0
0
0
H
e
c
t
a
r
e
s
t
h
r
o
u
g
h
1
0
0
K
V
K
s
,
7
5
I
C
A
R
I
n
s
t
i
t
u
t
i
o
n
s
a
n
d
2
5
S
A
U
s
(
S
t
a
t
e
A
g
r
i
c
u
l
t
u
r
a
l
U
n
i
v
e
r
s
i
t
i
e
s
(
S
A
U
s
)
b
y
G
o
v
e
r
n
m
e
n
t
o
f
I
n
d
i
a
.
Future ‘
Drone’ Market in India
Government of India also released
Funds to Various State Governments
for Supply of more than 240 Kisan Drone to Farmers on Subsidy
and Establishment of more than
1,500 Kisan Drone CHCs
to provide
Drone Services to the Farmers
.
Future ‘
Drone’ Market in India
ICAR in their
Demonstration Project
included
Four
SAUs,
Two
ICAR
Institutes and
Five
KVKs of the Gujarat State and a
Total of 13 Kisan
Drones have been sanctioned to them recently by Government of
India
.
Future ‘
Drone’ Market in India
Drone have
Some Distinct Advantages
such as:
High Field Capacity and Efficiency.
Less Turnaround Time and
Other Field Operational Delays
Wastage Reduction of Pesticide and Fertilizers
due to High Degree of
Atomization.
Water Saving
due to Ultra-low Volume Spraying Technology in Comparison to Traditional
Spraying methods,
Reduction in Cost of Spraying and Fertilizer Application
in Comparison to
Conventional Methods etc. besides
Reduction of Human Exposure to Hazardous
Chemicals
.
Future ‘
Drone’ Market in India
Different Approaches like use of Remote Sensing Technology including
Satellite Data and Drone Based Images
especially for
Crop Cutting
Experiments Planning.
Direct Yield Estimation at Gram Panchayat Level,
Risk Mapping of District
and for Dispute
/ Area Discrepancy Resolution etc.
Future ‘
Drone’ Market in India
Union Kisan ‘Pushpak’
Future ‘
Drone’ Market in India
Introduction of New Scheme “
Union Kisan Pushpak
” Scheme for Financing
Drones for Agriculture Purposes under:
‘Custom Hiring’ Activity.
Own ‘Agriculture Purpose’
.
Future ‘
Drone’ Market in India
Details of the Scheme Features
Future ‘
Drone’ Market in India
For Purchase of ‘
New Drones for Agriculture Usages
’ under Custom Hiring
Activity / Own Agriculture Purpose on
PAN India Basis
by Commercial
Banks.
Future ‘
Drone’ Market in India
Purpose:
Purchase of Drones with Equipment / Accessories for Agriculture
U
sages such as:
Spraying
P
esticides.
Fertilizers.
Anti-locust
S
praying.
Mapping of Farmlands, etc. under
Custom Hiring
A
ctivity
/
Own
A
griculture
P
urpose.
Future ‘
Drone’ Market in India
Financing Bank Branches
All the Branches in India
Future ‘
Drone’ Market in India
Eligibility:
Applicant shall be Individual / Joint
I
ndividual
F
armers /
Proprietorship / Partnerships / Companies / Co-operative Societies, FPO’s / FPC,
etc.
I
nvolved in Custom
H
iring
A
ctivity and for own Agriculture Purpose
.
In case of
Joint individuals
, there should not be more than
2 Individuals
.
Custom
Hiring
C
entres / Hi-
T
ech
H
ubs
will also be Eligible for “
Interest
S
ubventions
B
enefits / CGTMSE Coverage
” under Agriculture Infrastructure
Fund (
AIF
) Scheme.
Future ‘
Drone’ Market in India
Eligibility:
In case of Individuals, Applicant should
Possess
R
emote
P
ilot
L
icense
from Institute specified by the
Director General of Civil Aviation (DGCA)
or from
any
Authorised
R
emote
P
ilot
T
raining
O
rganisation
and should have passed the
Class
T
enth
E
xamination
or its Equivalent from a
Recognized
Board.
In case Joint Individuals, at
Least
O
ne
I
ndividual should Possess
the above
Licence and prescribed Education
Q
ualification.
Future ‘
Drone’ Market in India
In Case of
Other Constitutions
, it is to be ensured that the Person
E
mployed
to use the Drones for Agriculture
P
urpose,
Should Possess
the above License
and Prescribed
E
ducation
Q
ualification.
A Suitable
U
ndertaking to be obtained by Banks in this regard from the
Borrower.
Future ‘
Drone’ Market in India
Applicants shall have
Good
R
eputation
in the Market.
Age of the Farmers should be in the
Range of 25 Years to 60 Years
.
In case of Joint
I
ndividuals (
Not
M
ore than Two
), the Age
C
riteria to be
Complied with at Least for
One
I
ndividual
.
Future ‘
Drone’ Market in India
Margin:
25% of the
Unit Cost
including other
Accessories and Equipment
.
(Insurance and AMC will be Considered as part of
Project Cost
).
Loan Amount:
Maximum 75
%
of Unit
C
ost (Including other
Accessories and
Equipment
) based on Quotation subject to maximum of
₹
12.00 Lakhs
for
Purchase of
Upto 2 Drones
.
Nature of loan
:
Term loan
Future ‘
Drone’ Market in India
Security:
Loan limit
:
Upto Max
L
oan
A
mount of
₹
20.00 lakhs
.
Security:
Primary Security-“
Hypothecation of Asset
”
C
reated out of Bank Finance.
Future ‘
Drone’ Market in India
Collateral Security
:
Eligible Borrowers shall be covered under the Credit
G
uarantee
S
cheme of
CGTMSE
in lieu of Collateral
S
ecurity.
For covering the Borrower under CGTMSE, obtention of
Udyami Registration
Certificate
is
mandatory
along with other Criteria to be
Complied with
.
Future ‘
Drone’ Market in India
In case
NO
CGTMSE Coverage is available,
Mortgage of Land
or Cash / Liquid
C
ollateral (With
A
ccepted Value of Land should be more than
100% of the
Loan
A
mount
) is
Mandatory
.
Future ‘
Drone’ Market in India
Assessment:
Based on the “
Projected
C
ash
F
lows
” submitted by the Borrower
from the Activity.
Service Charges
:
As Per
E
xtant
G
uidelines on Service Charges
of Banks
.
Future ‘
Drone’ Market in India
Repayment Period
:
Maximum Repayment
P
eriod of 3 Years
and Interest / Instalment is to be
Serviced
M
onthly
I
ncluding the
Maximum
M
oratorium
P
eriod of 3 Months
.
Moratorium Period allowed
Judiciously
wherever required by the Banks.
Future ‘
Drone’ Market in India
The Drone should be
Comprehensively
I
nsured
by the Borrower with Bank
Clause for its
Full
C
ost
.
Future ‘
Drone’ Market in India
Any other Guidelines issued by the
DGCA or the Concerned
A
uthority
such as
Ministry of Agriculture and Farmers Welfare, etc. from
Time to Time
G
overning
the
Drone Operations are to be Strictly
C
omplied with
.
Future ‘
Drone’ Market in India
Standard
O
perating
P
rocedure (SOP) for use of :
“Drone Application with
Pesticides for Crop
P
rotection
and for
Spraying Soil
& Crop Nutrients
in Agricultural, Forestry, Non-cropped Areas, etc.” is to be
followed and Complied by the Borrowers.
Future ‘
Drone’ Market in India
A
Model
C
ost
B
enefit
A
nalysis
of
Expected
R
evenues
of the
Basic and Advanced
D
rones through Hiring
P
rocess
are to be submitted by the Applicant while
availing Loans from the Banks.
Future ‘
Drone’ Market in India
Drones Finance
Under ‘Corporate’ Segment
‘MSME’ Segment
‘Agriculture’ Segment
By
Indian Commercial Banks
Future ‘
Drone’ Market in India
Under Corporate Segment, Commercial Banks are Financing (Project Finance)
to:
Industries who manufacture the Drones in India.
“Corporate Dealership Finance” those Drone Dealers (All India Base).
These may be Classified as under:
Corporates (SME).
Mid-Corporates.
Large Corporates.
Future ‘
Drone’ Market in India
Under MSME Segment, the Commercial Banks are Financing to:
Drone Sub-dealer Outlets.
Drone Hiring Shops.
Drone Spare Parts Dealer Finance.
Drone Servicing Centres (Repairs).
Drone Custom Hiring Centres located in Villages etc.
Future ‘
Drone’ Market in India
Under Agriculture Segment, the Commercial Banks are sanctioning Loans to:
Agriculturists.
Self-help Groups.
Joint Liability Groups.
Farmer Producer Organizations.
Krishi Vigyan Kendras etc.
Conclusion
Future ‘
Drone’ Market in India
The
Drone Industry
continues to evolve at
Breakneck Speed
. This
Remarkable Technology
has
Already Proven its worth in
Various Sectors
, such as:
Agriculture.
Construction.
Delivery and
Public Safety ETC.
However, the Future holds even
Greater Possibilities
as New Applications and Advancements
Emerge.
Future ‘
Drone’ Market in India
Drones will
Eliminate the Need
to Visually Inspecting the Crops by the
Farmers
.
They Can
Monitor the Horticultural Crops
or Other Crops Present in Remote areas
like Mountainous Regions.
They can also
Monitor the Tall Crops and Trees
Efficiently, which are otherwise
Challenging to Scout Physically by Farmers.
Being an Equipment for Agriculture Operations, Banks are financing this
Equipment under
Priority Sector Advances
.
Government is encouraging by providing
Subsidy / CGTMSE
etc.
Future ‘
Drone’ Market in India
The CMAs can educate to their Clients in this
New Business Opportunity
through
Consultancy Services in addition to the Core Areas of their Practice.
It is WIN-WIN Situation to Both to CMA and their Client to enjoy the Benefits of
New Opportunities.
As Government of India is Encouraging “Drones” Usage in different Sectors with
Incentives / Subsidies.
Banks are also encouraging to finance for Drones under Corporate Segment Loans
(For Manufacturing) / MSME – For Hiring and Servicing / Agriculture Sector.
Future ‘
Drone’ Market in India
Present Agriculture Equipment's Using by Indian Agriculturists
Future ‘
Drone’ Market in India
Aerial Imagery is Popular for Fun or Commercial Use in many Verticals, with Diverse Applications in Agriculture
New Equipment for Agriculture Operations Drones
THANK YOU
CMA Dr. P. Siva Rama Prasad
M.Com., MBA (Finance)., FCMA., FCS., FIIBF., FIII (Life & General Insurance)., MAIMA.,
F
ormer A
sst. General Manager
State Bank of India
Hyderabad
Exploring the current and future landscape of drone technology in India, specifically its impact on agriculture. From the use of drones for spraying pesticides to the government's initiative of providing drones to women's self-help groups, the potential benefits for farmers are immense. Experts believe drones will play a crucial role in increasing productivity and profitability in the farming sector.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Drones Finance (Corporate, MSME and Agriculture Segments by Commercial Banks) & (Future Drone Market in India) CMA (Dr. )P. Siva Rama Prasad M.Com., MBA (Finance)., FCMA., FCS., FIIBF., FIII (Life & General Insurance)., MAIMA., Insolvency Professional Asst. General Manager (Retd.) State Bank of India Hyderabad
Future Drone Market in India Agenda About Drones . Basic Features of Drones. Drone Price & Technicalities (Agriculture Drone Prices). What are Kisan Drones? Top 10 Drone Manufacturing Companies in India. Guidelines of Sub-Mission on Agricultural Mechanization (SMAM). Union Kisan Pushpak . Drones Finance- Corporate , MSME , Agriculture Segments-Commercial Banks. Conclusion.
Future Drone Market in India Benefits of Technology in any Sector: Reduction of Operational Costs. Reduction in Wastages. Increase in Productivity. Increase in Profit. It absorbs Volumes of Transactions. Convenience to the Users. No Timings in Usage. It is available for 24/7.
Future Drone Market in India Union Government provide 15,000 Progressive Women Self-help Groups (SHG) with Drones to be Rented out to Farmers for Agricultural Purposes. The Drone Services are envisaged to be used by the Farmers for Nano Fertilizer and Pesticide Applications
Future Drone Market in India About Drones
Future Drone Market in India Until recently, there was a Conception that Drones were meant for Armed Forces and Fighting Enemies . Medicines, Vaccines are being supplied to Various Parts of the Country and it is also being used for Sprinkling Pesticides, Fertilizers etc. on Crops.
Future Drone Market in India However, the Kisan Drone Suvidha has added a New Chapter in the Farming Sector and it will prove to be a Milestone for Drone Technology . Experts in the Agricultural Sector enlightened Skeptical About the Benefits of Drones and How they will increase Farmers Income.
Future Drone Market in India Adequate and Timely Spraying of Pesticides and Fertilizers may help in increase CropProduction. In Farming, apart from Fertilizers and Seeds, the Next Highest Input Cost is the Labour Cost / Wages .
Future Drone Market in India Leaving Few Rich States like Punjab and Haryana, even State like Bihar do not get enough Labour at the Time of Farming (Sowing / Harvesting). In such a Situation, Technology has Stood in Favour to the Farmers.
Future Drone Market in India But the Use of Technology in Farming is a LittleBit Expensive at Initial Stages & Knowledge is required to operate the New Systems. But Long Run Benefits like increase in Productivity and Economies of Large Scale.
Future Drone Market in India Hence, the Government is Promoting / Focusing the Usage of Drones to Reduce the Agricultural Cost of Farmers and Inculcate the Farm Mechanization in Agriculture Sector. And also use for Water Management Techniques (Certain Crops requires Sprinkler Irrigation).
Future Drone Market in India Under the SVAMITVA Scheme ,Land Records are being Documented through Drone Technology . SVAMITVA SCHEME (Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas)
Future Drone Market in India Garud Aerospace (Manufacturers of Drones) has set a Goal of Developing One Lakh Drones , which are being used for Diverse Purposes .
Future Drone Market in India Basic Features of Drones
Future Drone Market in India A Drone is an Unmanned Small Aircraft that can be Controlled Remotely or it can Fly Autonomously. It Consists of a GPSBased Navigation System, a Variety of Sensors and a Controller.
Future Drone Market in India It Works on ChargeableBattery-based Energy (With Less Electricity Cost. It is Flown and Controlled by the Remote Controller (With limited Skills are sufficient). Depending on the End Use, many Types of Equipment such as Cameras, Insecticide, Fertilizers Spraying Devices etc. are also Installed on it.
Future Drone Market in India The Uses of Drone has Some Distinct Features such as: High Field Capacity and Efficiency. Less Turnaround Time and other Field Operational Delays. Wastage Reduction of Pesticide and Fertilizers Due to High Degree of Atomization.
Future Drone Market in India The Uses of Drone has Some Distinct Features such as: Water Saving due to Ultra-low Volume Spraying Technology in Comparison to Traditional Spraying Methods. Reduction in Cost of Spraying and Fertilizer Application in Comparison to Conventional Methods etc.
Future Drone Market in India The Uses of Drone has Some Distinct Features such as: Besides Reduction of HumanExposure to Hazardous Chemicals . Scientific Studies are carried out and Data Supporting the Drone Application are Generated.
Future Drone Market in India Pilot Studies with Different Approaches like use of: Remote Sensing Technology including Satellite Data and Drone Based Images Especially for Crop Cutting Experiments Planning. Direct Yield Estimation at Gram Panchayat Level. Risk Mapping of District and for Dispute / Area Discrepancy Resolution etc.
Future Drone Market in India Pilot Studies with Different Approaches like use of: Standard Operating Procedures (SOPs) which provide Concise instructions for Effective and Safe Operations of Drones for Pesticides and Nutrient Application have been Released. The Awareness among Farmers is being created through Demonstration and Capacity Building Programmes by Government of India . The above are conducted by Mahalanobis National Crop Forecasting Centre (MNCFC).
Future Drone Market in India Drone Price & Technicalities (Agriculture Drone Price)
Future Drone Market in India Flying Height: Drones can Fly around 50-100m Height. Above 50m, a Special Authorization is required. License Required: Currently, Flying Agricultural Drones Depends on National Laws. For Non-commercial Use, No Pilot License is required if Tiny Rating Nano and Micro Drones, (Government Rules).
Future Drone Market in India Weather: A Drone can Fly under any Weather Condition. Drones are Water Resistant, but Image Quality can be Damaged if Pictures are taken during Rainy Weather. Distances: It depends on the Drone Capability and Size. Fixed Wings Drones have Longer Flight Time and can cover More Field in One Flight. For instance, 50 Minutes Flight Time will Cover up to 12 km2.
Future Drone Market in India Drone Cost: Cost of Drones used in Agriculture. A Standard Drone for Public Use with the Capacity of 12 Liters Starts at 3.45 Lakhs.
Future Drone Market in India In the Agricultural Sector, Small Drones without Specific Technology can go from 3.60 Lakhs to 10 Lakhs according to its Water-holding Capacity. The Higher Technological Drones used specifically for Agriculture Start at 15 lakhs.
Future Drone Market in India What are Kisan Drones?
Future Drone Market in India The Kisan Drone will have an Unmanned Tank Filled with Insecticides and Nutrients. The Drones are Expected to have a High Capacity of 5 to 10 kgs. The Drone will Spray the same amount of Pesticides on about One Acre of Land in Just 15 Minutes.
Future Drone Market in India It will Save Time, will require Less Effort and Spraying will be done Uniformly. They will also be used to Carry Vegetables, Fruits, Fish, etc. to the Markets from the Farms. These Items will be Supplied Directly to the Market with Minimal Damage, Consuming Lesser Time, resulting in more Profits to Farmers and Fishermen.
Future Drone Market in India Aero360 Aero360 is one of the Leading Drone Manufacturing Companies in India. They have been in the Industry for Several Years and have Established themselves as a Pioneer in developing Innovative Drone Solutions for various Industries. They Specialize in providing Drone Solutions for Agriculture, Surveying, Mapping, and Infrastructure Development. Their Drones are Designed to be Efficient, Cost-effective, and Reliable, making them a Top Choice for many Businesses.
Future Drone Market in India Skylark Drones Skylark Drones is another Leading Drone Manufacturing Company in India. They Provide Drone Solutions for Industries such as Mining, Construction, Agriculture, and Defense. They have been at the Forefront of the Drone Industry in India, providing Cutting-edge Technology that enables Businesses to Operate more Efficiently and Effectively.
Future Drone Market in India ideaForge ideaForge is a Leading Drone Manufacturer in India that has been in the Industry for Several Years. They Specialize in Developing Drones for Defense, Law Enforcement, and other Security-related Industries. Their Drones are Designed to be Rugged, Durable, and Capable of withstanding Harsh Weather Conditions.
Future Drone Market in India Quidich Innovation Labs Quidich Innovation Labs is a Drone Manufacturing Company in India that Specializes in providing Drone Solutions for the Film and Television Industry. They have Developed a Range of Drones that are Specifically designed for Aerial Filming and provide High-quality, Stable Footage.
Future Drone Market in India DJI DJI is a Global Leader in Drone Manufacturing and has a Significant presence in India. They provide Drone Solutions for Various Industries such as Agriculture, Construction, and Surveying. Their Drones are Designed to be User-friendly, Reliable, and Equipped with Advanced Technology that enables Businesses to Operate more Efficiently. DJI has been at the Forefront of the Drone Industry Globally and Continues to Innovate and Develop New Drone Solutions.
Future Drone Market in India Asteria Aerospace Asteria Aerospace is a Drone Manufacturing Company in India that provides Drone Solutions for Defense, Security, and Infrastructure Development. They have been in the Industry for Several Years and have established themselves as a Leading provider of Drone Solutions in India.
Future Drone Market in India Om UAV Systems Om UAV Systems is a Drone Manufacturing Company in India that Specializes in providing Drone Solutions for Agriculture, Mining, and Construction. They have Developed a Range of Drones that are Designed to be Efficient, Reliable, and Capable of withstanding Harsh Weather Conditions. Their Drones are Equipped with Advanced Imaging Solutions that enable Businesses to Gather Accurate Data and make Informed Decisions.
Future Drone Market in India Chennai Microelectronics Chennai Microelectronics is a Drone Manufacturing Company in India that provides Drone Solutions for Various Industries such as Agriculture, Construction, and Surveying. They have been in the Industry for Several Years and have established themselves as a Leading Provider of Drone Solutions in India. Their Drones are Designed to be User-friendly, Reliable, and Equipped with Advanced Technology that enables Businesses to Operate more Efficiently.
Future Drone Market in India Tech Eagle Tech Eagle is a Drone Manufacturing Company in India that provides Drone Solutions to Various Industries, including Agriculture, Construction, and Infrastructure. They Offer a Range of Products that Cater to Different Needs, such as Aerial Photography and Videography, Surveying and Mapping, and Inspections.
Future Drone Market in India Skyquad Skyquad is a Drone Manufacturing Company based in Bangalore that Specializes in Producing Customized Drones. Skyquad was Founded in 2015 and has Quickly become One of the Leading Drone Manufacturers in India. They have a Team of Highly Skilled Engineers Who Design and Build Drones for a Wide Range of Applications, including Aerial Photography, Surveying, Mapping, and Inspections.
Future Drone Market in India Guidelines of Sub-Mission on Agricultural Mechanization (SMAM)
Future Drone Market in India To Promote of Kisan Drones, Guidelines Issued by Sub-Mission on Agricultural Mechanization (SMAM).
Future Drone Market in India Financial Assistance @ 100% of the Cost of Drone up to a Maximum of 10 Lakhs Per Drone is provided for Purchase of Drones for their Demonstration by Institutes under: Indian Council of Agricultural Research (ICAR). Farm Machinery Training & Testing Institutes. Krishi Vigyan Kendras (KVKs). State Agriculture Universities (SAUs). State and other Central Government Agricultural Institutions / Departments and Public Sector Undertakings (PSUs) of Government of India engaged in Agricultural Activities.
Future Drone Market in India The Farmers Producers Organizations (FPOs) are Provided Grants up to 75% of the Cost of Agriculture Drone for its Demonstrations on the Farmers Fields. A Contingency Expenditure of 6,000 Per Hectare is provided to these Implementing Agencies that do not want to Purchase Drones but will Hire Drones for Demonstrations from Custom Hiring Centres (CHCs), Hi- Tech Hubs, Drone Manufacturers and Start-Ups. The Contingent Expenditure to Implementing Agencies that Purchases Drones for Drone Demonstrations is Limited to 3,000 Per Hectare.
Future Drone Market in India In order to make available Drone Services to Farmers on Rental Basis, Financial Assistance @ 40% up to a Maximum of 4.00 lakhs are provided for Purchase of Drones by CHCs under Cooperative Society of Farmers, FPOsand Rural Entrepreneurs. Agriculture Graduates Establishing CHCs are Eligible to receive Financial Assistance @ 50% of the Cost of Drone up to a Maximum of 5.00 Lakhs per Drone.
Future Drone Market in India For Purchase of Drones on Individual Ownership Basis, the Small and Marginal, Scheduled Caste / Scheduled Tribe, Women and North Eastern State Farmers are provided Financial Assistance @ 50% of the Cost up to a Maximum of 5.00 Lakhs and Other Farmers @ 40% up to a Maximum of 4.00 lakhs.
Future Drone Market in India Funds Amounting to 129.19 Crores have been released towards Kisan Drone Promotion which include 52.50 Crores released to the ICAR for Purchase of 300 Kisan Drones and Organizing their Demonstrations on the Farmers Fields in 75,000 Hectares through 100 KVKs, 75 ICAR Institutions and 25 SAUs (State Agricultural Universities (SAUs) by Government of India.
Future Drone Market in India Government of India also released Funds to Various State Governments for Supply of more than 240 Kisan Drone to Farmers on Subsidy and Establishment of more than 1,500 Kisan Drone CHCs to provide Drone Services to the Farmers.
Future Drone Market in India ICAR in their Demonstration Project included Four SAUs, Two ICAR Institutes and Five KVKs of the Gujarat State and a Total of 13 Kisan Drones have been sanctioned to them recently by Government of India.
Future Drone Market in India Drone have Some Distinct Advantages such as: High Field Capacity and Efficiency. Less Turnaround Time and Other Field Operational Delays Wastage Reduction of Pesticide and Fertilizers due to High Degree of Atomization. Water Saving due to Ultra-low Volume Spraying Technology in Comparison to Traditional Spraying methods, Reduction in Cost of Spraying and Fertilizer Application in Comparison to Conventional Methods etc. besides Reduction of Human Exposure to Hazardous Chemicals.
