AeroVironment (AV) will adopt an online financing business model in India to recruit 3 million members to enhance its visibility in the Asian market. India will become another new market for AV after the United States.
The India Drone Market is projected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, at a CAGR of 17.0% during the forecast period. The India drone Industry is experiencing rapid growth, driven by increasing demand across various sectors, including agriculture, defense, and e-commerce.