The growing use of drones for surveillance, smuggling, and security threats has increased the need for reliable anti-drone systems in India. Defence companies are developing technologies to detect, track, and neutralize unmanned aerial threats, creating opportunities across defence, border security, and critical infrastructure protection.
Industry Outlook
India’s drone market was valued at around US$1.22 billion (Rs 10,977 crore) in 2025 and is projected to reach US$3.23 billion (Rs 29,080 crore) by 2030, growing at a CAGR of 21.51 percent. The growth is expected to be supported by rising demand from both defence and commercial applications, while the shared use of components across these sectors can help improve development and deployment efficiency.
A key growth driver is the increasing focus on border security, particularly to prevent the use of drones for drug and weapon drop-offs. Demand is also expected from critical infrastructure such as airports, oil refineries and nuclear facilities, along with large-scale military modernization programmes requiring advanced counter-drone capabilities.
The industry is developing across three major technology segments. Detection and tracking systems use radar, RF passive sensors and EO/IR cameras for airspace monitoring and early warning. Soft kill systems rely on RF jamming, GNSS spoofing, and cyber takeover, while hard kill systems include high-energy lasers, anti-swarm munitions, micro missiles, and interceptor drones for high-threat defence applications.
Here are the stocks that are in the anti-drone field
Zen Technologies Ltd
Zen Technologies Ltd is an Indian defence technology company focused on designing and manufacturing combat training systems and counter-drone solutions. Its portfolio includes live fire, virtual and constructive training systems, simulators and anti-drone technologies for defence and security forces. With the market cap of Rs 15,248 crore, the share of the company last traded at Rs 1,689 per share.
Zen Technologies is a key player in India’s anti-drone and counter-drone segment, with its portfolio covering anti-drone systems, loitering munitions and ISR solutions. In Q1 FY27, the company introduced an AI-powered anti-drone system and the Hyperstrike interceptor drone, further expanding its counter-drone product portfolio and technology capabilities.
Paras Defence and Space Technologies
Paras Defence and Space Technologies Ltd operates in the defence and space sector, with businesses spanning defence and space optics, optronics, defence electronics, electromagnetic pulse protection and heavy engineering. The company develops products for applications across missiles, naval systems, surveillance, space and aerospace. With a market cap of Rs 11,064 crore, the share of the company last traded at Rs 1,373 per share.
Paras Defence operates across defence optics, space engineering, electromagnetic pulse (EMP) protection systems and surveillance technologies. The company has also expanded into the anti drone segment through its defence electronics business, with capabilities covering drone detection and counter-drone solutions for defence and security applications.
Bharat Electronics Limited
Bharat Electronics Ltd is a public sector defence electronics company engaged in developing and manufacturing electronic systems for defence and aerospace applications. Its portfolio includes radars, communication systems, electronic warfare solutions, avionics and other strategic electronics. The company is headquartered in Bengaluru and operates under the Ministry of Defence. With a market cap of Rs 2,87,640 crore, the share of the company last traded at Rs 394 per share.
Bharat Electronics Limited (BEL) is one of India’s major defence electronics manufacturers, supplying radar systems, communication equipment, electronic warfare systems and other defence technologies. The company has also developed indigenous anti-drone systems for military and security applications, strengthening its presence in the growing counter-drone segment.
Adani Enterprises (Adani Defence & Aerospace)
Adani Defence & Aerospace is the Adani Group’s defence and aerospace business, focused on developing and manufacturing defence products and technologies in India. The business has been expanding its capabilities through investments, technology development, and partnerships with Indian companies and startups, covering multiple areas of the defence value chain.With a market cap its parent company Adani Enterprises Ltd of Rs 4,05,443 crore, the share of the company last traded at Rs 2,999 per share.
Adani Defence operates across aerospace, unmanned aerial vehicle (UAV) systems, ammunition, surveillance technology and homeland security. The company has also expanded into drone and counter-drone technologies through strategic partnerships and manufacturing initiatives, strengthening its capabilities across the growing unmanned systems and defence technology segments.
RattanIndia Enterprises Ltd
RattanIndia Enterprises Ltd operates across new-age businesses, including fintech, drones and retail. Through its subsidiary NeoSky India and its subsidiary Throttle Aerospace Systems, the company has a presence in enterprise, defence and delivery drones, offering Drone as a Product and Drone as a Service solutions. With a market cap of Rs 3,657 crore, the share of the company last traded at Rs 26.5 per share.
RattanIndia Enterprises has entered the drone segment through investments in drone manufacturing and technology platforms. Through its subsidiaries, the company is focusing on drone-based logistics, industrial applications, and emerging aviation technologies, expanding its presence in the growing unmanned aerial systems market.
