The Union government on Wednesday approved a production-linked incentive (PLI) scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years, the civil aviation ministry said. “The incentive for a manufacturer of drones and drone components shall be as high as 20 per cent of the value addition made by her,” the ministry’s statement noted.
The value addition should be calculated as the annual sales revenue from drones and drone components (net of GST) minus the purchase cost (net of GST) of drone and drone components, it stated.
