The Ministry of Civil Aviation has disbursed an amount of Rs. 30 crores (approximately) to the beneficiaries during FY 2022-23 under the PLI Scheme for Drones and Drone Components.
To promote the indigenous drone industry, the government notified the Production Linked Incentive (PLI) scheme for drones and drone components on 30th September 2021. The step was widely welcomed by academia and industry experts. This scheme has multiple features to help the industry such as:
The total incentive is Rs. 120 crore spread over three financial years. It is nearly double the combined turnover of all domestic drone manufacturers in FY 2020-21.
For this scheme, the PLI rate is 20% of the value addition which is one of the highest among PLI schemes.
