Author: torri33h652538

Ministry of Civil Aviation releases the second provisional list of 23 beneficiaries under the PLI Scheme for drones and drone components

The Ministry of Civil Aviation (MoCA) has released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (PLI) Scheme for drone and drone components. These include 12 drone manufacturers and 11 drone component manufacturers.  The Ministry invited applications from eligible manufacturers on 4th May 2022 and the last date for submission was 20th May 2022. The provisional list of PLI beneficiaries has been prepared on the basis of the unaudited financial results for 2021-22 and other information.  The shortlisted beneficiaries have crossed the eligibility criteria related to sales revenue and value addition in ... Read more