5 Equity Mutual Funds to Benefit from India’s Drone Revolution

The Modi-led-NDA government has taken a series of reform measures to provide an impetus to India’s upcoming Drone industry.

Further, the Ministry of Civil Aviation has proactively engaged with various Union Ministries and State/UT Governments across the country to promote drone applications.

After the internet and GPS technology, drones are likely to transform the Indian market space.

With the government’s emphasis on Aatmanirbharta (or self-reliance) and the ‘Make in India’ initiative, India’s drone sector has been under the spotlight.

Realising the potential of the sector, several companies are taking an interest and are now involved in the drone business in some way or another.

Mutual fund schemes are investing in companies that are involved in the drone sector – directly or indirectly.