News Karnataka
Friday, April 26 2024
Industry

Government issues guidelines for PLI scheme on drone industry

Government issues guidelines for PLI scheme on drone industry
Photo Credit : IANS

New Delhi: The Ministry of Civil Aviation has issued guidelines for the implementation of the Production Linked Incentive (PLI) scheme to support the indigenous drone industry.

These guidelines cover aspects like the definitions, qualification and eligibility application and online portal project management agency (PMA), empowered group of secretaries (EGoS) and competent authority.

To make India a global hub for research and development, testing, manufacturing, and operation of drones under the Aatmanirbhar Bharat Abhiyan, the liberalised Drone Rules, 2021 were released to create a growth-oriented regulatory framework for drones.

To facilitate further growth, the government has approved Production Linked Incentive (PLI) Scheme for Drones and Drone Components in India.

For the implementation of this scheme during 2022-23 to 2024-25, a corpus of Rs 120 crore has also been allocated.

Read more:

HFCL to avail incentive upto Rs 653 cr under PLI scheme in 5G era.

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TN CM Stalin meets PM Modi, seeks PLI scheme for footwear sector

Auto PLI scheme: Centre selects 20 Cos

PLI schemes to add $504 bn of production, 1 cr jobs in 5 yrs: Govt

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