<span style="color: #222222;">Civil Aviation Ministry has released the first provisional list of 14 beneficiaries under the Production-Linked Incentive (PLI) Scheme for drone and drone components. These include five drone manufacturers and nine drone component manufacturers. The Ministry invited applications from eligible manufacturers on 10th of last month and the last date for submission was 31st of last month.<br />''<br />''The provisional list of PLI beneficiaries has been prepared on the basis of the financial data submitted by applicants from April last year till January this year. The shortlisted beneficiaries have crossed the eligibility criteria related to sales revenue and value addition in the ten month period itself.<br />''<br />''The eligibility criteria for the PLI scheme for drones and drone components includes an annual sales turnover of two crore rupees for drone companies and 50 lakh rupees for drone components manufacturers and value addition of over 40 per cent of sales turnover. The PLI scheme for drones and drone components was notified on 30th September last year.&nbsp;</span><br />
News On AIR | April 20, 2022 7:51 PM
Civil Aviation Ministry releases 1st provisional list of 14 beneficiaries under PLI Scheme for drone, drone components