Singapore's Thakral to Manufacture Drone Components in India Starting May

Singapore-listed Thakral Corporation Ltd announced it will begin in-house manufacturing of drone components in India starting May, aiming to tap into the country's growing drone market projected to expand from USD 500 million in 2024 to USD 11 billion by 2030. The company plans to develop enterprise-grade and specialized drones and expand its retail presence with 20-30 DJI stores across India and South Asia by mid-2026. Thakral's subsidiary Bharat Skytech focuses on agricultural drone components, and the group maintains a partnership with China's DJI technology group.