 "Drone")
The Union Cabinet on Wednesday cleared a production-linked incentive (PLI) scheme to make India a drone hub by 2030.
The PLI scheme will provide up to 20 per cent incentive to manufacturers of drones and drone components. It comes close on the heels of the recent liberalisation of rules, which has made owning and operating drones easier.
The government has allocated Rs 120 crore for the scheme and it will be spread over three years. This amount is nearly double the combined turnover of all domestic drone manufacturers in FY21, the ministry of civil aviation said in a press release. Manufacturers will
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