Wednesday, March 16, 2022

India’s drone businesses aim for the skies

A new type of mobility is in the air, and literally in this case. And unless other technologies that future predictions keep droning on without most of them ever coming to light, this one could be a reality earlier than you think.

A drone with a range of 100km tops the list of targets set by Skye Air, one of the pioneers in the drone delivery logistics industry, a sunrise sector. Billed ‘Artemis’, Skye CEO Ankit Kumar claims “it (Artemis) shall add more value to the offerings that we currently have.”

Drones have vroomed away to glory ever since the Union government liberalised rules in August. While there is a lot of talk of using armed drones as precision missile the way Ukrainians have used to effectively slow down the advance of Russian convoys on Kyiv (India has ordered 100 Kamikaze drones from Israel even while trying to develop indigenous technology in the area), their commercial use in logistics, in delivering anything from groceries to medicines have the companies that have mushroomed on the scene excited.

Skye is just one of them. With the government offering a PLI scheme of Rs 120 crore to develop a local drone ecosystem and studies showing drone delivery could transform logistics in a vast country like India, it won’t be the last. Zomato completed test deliveries of food way back in 2019. Others who got permission to do tests include the likes of SpiceXpress, the cargo arm of SpiceJet, Swiggy as well as startup Asteria Aerospace.

Dunzo, in which Reliance recently pumped in about Rs 1,800 crore, recently carried out trials to roll out a delivery service in Karnataka. Other big investors in the sunrise drone sector in India is Zerodha co-founder Nikhil Kamath, who has reportedly invested in Omnipresent Roboto Tech.

Ankit Kumar of Skye says drones are cost effective enough to transform the cargo business, giving a short calculation. “A distance covered by road (transport) for 100 rupees can be covered by a drone for 40 rupees,” Kumar said.

15/03/22 K. Sunil Thomas/The Week

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