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PLI FOR DRONES
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
Op Sindoor legacy: India moves from borrowing muscle to becoming a source for global playersIndia's defense sector is experiencing a historic upswing, with exports surpassing 38,000 crore rupees. This surge is directly linked to th...
Operation Sindoor anniversary: India’s defence exports surged 25x in 10 yearsIndia’s defence sector has seen a structural shift, with exports rising sharply and domestic production expanding over the past decade. A R...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
India plans new PLI scheme for drones sectorThe government plans a new, improved Production-Linked Incentive (PLI) scheme for the drone sector, addressing past challenges faced by sta...
Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush GoyalGoyal noted that technological progress in the drone industry will help farmers in getting higher quality crops and will also help in incre...
What will it take for India's drone industry to fly higher?India aims to be a major global hub for drones by 2030, boosting GDP by 1-1.5% and creating jobs. The industry has requested expansion of t...
Drone industry wants PLI outlay raised to help more companies take offSCALE is an initiative under the ministry of commerce and industry, which is chaired by IN-SPACe chairman Pawan Goenka. IN-SPACe is India’s...
Government to announce first PLI for drones soonThe government will announce the first set of production-linked incentives (PLI) for drones soon, civil aviation secretary Rajiv Bansal sai...
Drone PLI: Does it do enough to help India become a global hub by 2030?The PLI scheme has so far been implemented in 14 significant industries, including aviation, automobile components, electronics technology,...
Civil Aviation Ministry notifies operational guidelines for drone PLI schemeIndian MSMEs and startups manufacturing drones and having annual sales turnover of Rs 2 crore will be eligible for the scheme. In the case ...
Aviation ministry releases second provisional list of 23 beneficiaries under the PLI scheme for dronesThe Ministry of Civil Aviation (MoCA) has released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (P...
Government releases list of 23 beneficiaries under PLI scheme for dronesThe combined annual sales turnover of the shortlisted companies has increased from Rs 88 crore in FY 2020-21 to Rs 319 crore (unaudited) in...
Aviation Ministry invites applications for drone PLIThe Ministry of Civil Aviation on Thursday invited applications for Production Linked Incentive (PLI) scheme for drones and drone component...
Adani JV, IdeaForge among 14 firms selected as beneficiaries of PLI scheme for drone manufacturingUnder the PLI scheme that was announced last year, the incentive for a manufacturer of drones and drone components will be 20 per cent of t...
Indian drone industry will have a turnover of up to Rs 15,000 crore by 2026: ScindiaGovt has approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.
Drones get incentive to fly high“The scheme at this stage for an emerging sector is a welcome move,” said Vipul Singh, cofounder and CEO of Aarav Unmanned Systems. “It has...
PLI in drone manufacturing: Govt expects scheme to attract investments of Rs 5,000 crore in 3 yearsA total amount of Rs 120 crore has been allocated for the PLI scheme for drones and drone components spread over three financial years. “Th...