The Indian agricultural industry is transforming, and technology is playing a pivotal role in shaping its future. Amongst the several progressions, drone spraying services are the most promising innovations. With the growing need for precision farming and the requirement to enhance agricultural productivity while minimizing environmental impact, drones are offering a smarter, faster, and more effective way to manage crops.
The initial capital required for this business can vary on the basis of operations and equipment purchased. An agricultural drone with a payload capacity of 10–20 litres can cost somewhere between INR 4 lakh and 10 lakhs.
Regarding the additional costs, these include expenses for drone training and certification, which range from INR 50,000 to INR 1 lakh. Other operational expenses, for example, transportation, pesticide or fertilizer storage, branding and marketing, may add another INR 2–3 lakhs. Consequently, the total investment for a drone spraying service in India will range somewhere around 15 lakhs.
Recurring costs, such as those for drone maintenance, battery replacements, staff salaries, and insurance, should also be taken into account by the entrepreneur. Although drone spraying per acre can cost INR 250 to 500, a business can recover all the initial cost in one or two farming seasons.
Nobody invests in a business for fun; there must be benefits that entice a person to start a particular business. Similarly, the drone spraying service business in India has several benefits.
• Life and business without challenges are nothing. Challenges are bound to arise in this business, and an entrepreneur should always be ready to mitigate them and not be deterred from pursuing success. Initial capital can be a hindrance for many. This issue can be addressed with the help of government subsidies, agricultural loans or crowdfunding initiatives.
• Another challenge that may arise during this business is the farmers' unfamiliarity with drones. Farmers, especially those in rural areas, may not readily adopt the use of drones for agriculture. Therefore, it is always essential to establish trust. Offering trial services can help introduce the benefits of drones for agriculture.