Aviation Ministry Allocates Rs 300 Mn for Drone PLI
AVIATION & AIRPORTS

Aviation Ministry Allocates Rs 300 Mn for Drone PLI

The Aviation Ministry has disbursed Rs 300 million under the Production Linked Incentive (PLI) scheme for drones and their components. This allocation aims to bolster the development and manufacturing of drones in India and promote the country's capabilities in the emerging drone technology sector.

The PLI scheme for drones and their components was launched as part of the government's efforts to boost domestic manufacturing and reduce dependence on imports in critical sectors. By providing financial incentives, the scheme encourages investment and innovation in drone technology, fostering the growth of a vibrant ecosystem for drone manufacturing and development in the country.

The disbursement of Rs 30 crore underscores the government's commitment to supporting the development and adoption of drones for various applications, including surveillance, logistics, agriculture, and disaster management. Drones have the potential to revolutionise several industries by offering cost-effective and efficient solutions for various tasks and operations.

The funds allocated under the PLI scheme will support drone manufacturers and component suppliers in scaling up their production capabilities, investing in research and development, and enhancing their competitiveness in the global market. Additionally, the scheme is expected to generate employment opportunities and stimulate economic growth in the drone technology sector.

As India strives to leverage the transformative potential of drones, initiatives like the PLI scheme play a crucial role in accelerating the adoption and deployment of drone technology across different sectors. The disbursement of funds by the Aviation Ministry marks a significant milestone in the government's efforts to promote indigenous manufacturing and innovation in the drone ecosystem.

The Aviation Ministry has disbursed Rs 300 million under the Production Linked Incentive (PLI) scheme for drones and their components. This allocation aims to bolster the development and manufacturing of drones in India and promote the country's capabilities in the emerging drone technology sector. The PLI scheme for drones and their components was launched as part of the government's efforts to boost domestic manufacturing and reduce dependence on imports in critical sectors. By providing financial incentives, the scheme encourages investment and innovation in drone technology, fostering the growth of a vibrant ecosystem for drone manufacturing and development in the country. The disbursement of Rs 30 crore underscores the government's commitment to supporting the development and adoption of drones for various applications, including surveillance, logistics, agriculture, and disaster management. Drones have the potential to revolutionise several industries by offering cost-effective and efficient solutions for various tasks and operations. The funds allocated under the PLI scheme will support drone manufacturers and component suppliers in scaling up their production capabilities, investing in research and development, and enhancing their competitiveness in the global market. Additionally, the scheme is expected to generate employment opportunities and stimulate economic growth in the drone technology sector. As India strives to leverage the transformative potential of drones, initiatives like the PLI scheme play a crucial role in accelerating the adoption and deployment of drone technology across different sectors. The disbursement of funds by the Aviation Ministry marks a significant milestone in the government's efforts to promote indigenous manufacturing and innovation in the drone ecosystem.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code