PLI Scheme Worth Rs 120 Cr Provided For Indian Drone, Component Manufacturers

Production-Linked Incentive (PLI) scheme for drones and drone components worth Rs 120 crore has been notified to push the production of drones. PLI for a beneficiary is capped at 25 per cent of the total annual outlay to ensure more beneficiaries. The PLI provided to manufacturers will be 20 per cent of the value addition in India. Read More…