Thakral Corp Ltd is expanding its B2B arm, Bharat Skytech, to manufacture drone components in India, tapping into the growing regional demand for drones, particularly in agriculture and enterprise sectors. The group, which holds a 23% stake in Indian drone-tech firm Skylark Drones, indicates a robust outlook for the South Asian drone market. Additionally, Thakral Corp’s revenue surged to SGD160.5 million in 1H2025, reflecting India’s resilient economy, projected to become the world’s third-largest by 2028. This expansion in the drone sector aligns with India’s strategic push for self-reliance in defense and technology, reinforcing its manufacturing capabilities amidst increasing regional geopolitical dynamics.