🚁 Top Drone Stocks in India (2025)

These companies are involved in drone manufacturing, software, defense technology, or key components for UAVs.

🔹 1. ideaForge Technology Ltd.

• Sector: Pure-Play Drone Manufacturer
• About: India’s leading indigenous drone maker. Provides UAVs for defense, homeland security, agriculture, and industrial inspections.
• Listed: Yes (NSE, BSE)

🔹 2. Paras Defence and Space Technologies

• Sector: Defense and Aerospace
• About: Engaged in building drone components like gimbals, avionics, and custom payloads. Collaborates with domestic and international drone startups.
• Listed: Yes

🔹 3. Zen Technologies Ltd.

• Sector: Defense Simulation & Drone Training
• About: Develops anti-drone systems and simulation platforms for UAV operator training. Also involved in defense modernization.
• Listed: Yes

🔹 4. DroneAcharya Aerial Innovations Ltd.

• Sector: Drone Services & Training
• About: Provides drone pilot training, aerial survey services, and consulting. A pure-play listed drone services company.
• Listed: Yes (BSE SME)

🔹 5. RattanIndia Enterprises

• Sector: Conglomerate / Drone Subsidiary
• About: Through its subsidiary NeoSky India Ltd., the company develops consumer and enterprise drone solutions.
• Listed: Yes

🔹 6. Hindustan Aeronautics Ltd. (HAL)

• Sector: Aerospace & Defense PSU
• About: Involved in developing military-grade UAVs in collaboration with DRDO and private partners.
• Listed: Yes

🔹 7. Bharat Electronics Ltd. (BEL)

• Sector: Defense Electronics PSU
• About: Working on drone detection, jamming systems, and components for UAV command-and-control systems.
• Listed: Yes

🔹 8. Info Edge (India) Ltd.

• Sector: Tech Investments
• About: Holds a stake in Skylark Drones, a Bengaluru-based drone data platform. Not a drone company directly, but a proxy tech play.
• Listed: Yes

🛠️ Honorable Mentions (Private / Startups to Watch)

• Garuda Aerospace – Large-scale drone applications in agri, mining, infra (not listed yet)
• Skylark Drones – Drone data & analytics company (Info Edge-backed)
• Aarav Unmanned Systems – Industrial-grade drones (private)
• Asteria Aerospace – Subsidiary of Jio Platforms, defense and commercial drones

📌 How to Invest in Drone Tech in India?

• Look for pure-play companies like ideaForge or DroneAcharya for direct exposure
• Diversify with defense & aerospace players like HAL, BEL, or Paras
• Monitor startups planning IPOs in the near future