India-US Trade Deal: Drone Startups Eye Global Export Boom

• Indian drone startups anticipate significant export growth and global market expansion due to the India-US trade deal.
• Industry leaders expect enhanced access to advanced components, manufacturing expertise, and international supply chains.
• Maj Gen (retd) RC Padhi of IG Defence emphasizes a long-term, capability-led approach to leverage the deal, focusing on domestic capabilities in electronics, propulsion, and software.
• ideaForge CFO Vipul Joshi notes the reduction of US tariffs to around 18% will bring predictability and momentum to bilateral trade, curbing supply chain disruptions.
• The agreement offers opportunities for Indian drone companies to integrate into global supply chains, boost exports, and co-develop next-generation products.