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Unlocking the Skies: YelloSKYE Revolutionizes the Indian Drone Industry

YelloSKYE is an end-to-end turnkey service provider of solutions and consultancy for the unmanned aviation industry.

YelloSKYE creates value & enables business decisions by delivering advanced aerial intelligence. Leveraging advanced technology with the ability to extract data to measure, count, read & locate thereby enabling curated intelligence solutions. With cutting-edge technology available across geographies and devices 24/7, YelloSKYE is disrupting the current processes of risk managing high-value infrastructure assets & outdoor inventory.

The Indian drone sector has witnessed significant developments in recent years, driven by advancements in technology, regulatory changes, and increased adoption across various industries.
Market Size: The Indian drone industry is expected to reach a market size of $885.7 million by 2021, growing at a CAGR of 18.12% from 2016 to 2021.

Industry Applications: Drones are being used across various sectors in India, significantly but not restricted to Drones used to enforce the SVAMITVA Scheme – The SVAMITVA Scheme (Survey of villages and mapping with improvised technology in village areas) is aimed at providing rural residents of India the documentation to engage their properties in the economy. The reformative step to establish clear ownership of property in rural areas by mapping over 6.5 lakhs villages.

– PLI scheme for drone and drone components to assist the growth of drone technology, which is in its nascent stage in India, a production-linked incentives (PLI) scheme has been put into motion in India. The PLI envisages a total amount of ₹120 crores spread over three years.

Recognizing this growing opportunity, YelloSKYE, an IAN portfolio company is living up to its tagline, “Drones Mean Business”. It started operations in June 2019, and focussed on the Infrastructure construction industry to build and validate a service model. Since June 2019, it has built relationships with some of India’s leading developers, corporates and asset managers.