Aviation Ministry invites applications for PLI schemes for drones
The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced last year to boost drone manufacturing in India.
The first round of applications for this scheme were invited on March 10 and its results were announced on April 20, wherein Adani Group’s joint venture company with Israeli firm Elbit, IdeaForge Technology, and 12 other drone companies were selected as beneficiaries.
The ministry had on September 16, 2021, announced the PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.
