{"id":143450,"date":"2022-03-12T13:20:45","date_gmt":"2022-03-12T07:50:45","guid":{"rendered":"https:\/\/www.caravanalive.com\/?p=143450"},"modified":"2022-04-06T16:25:32","modified_gmt":"2022-04-06T10:55:32","slug":"centre-launches-pli-scheme-for-drone-industry-read-on","status":"publish","type":"post","link":"https:\/\/www.caravanalive.com\/?p=143450","title":{"rendered":"Centre Launches PLI Scheme For Drone Industry; Read On"},"content":{"rendered":"<div class=\"2a6a8c3593e6620bd92d71f585bdd19b\" data-index=\"4\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6453632170035383\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- NEW RESPONSIVE -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6453632170035383\"\r\n     data-ad-slot=\"2960496911\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p>The production-linked incentive (PLI) scheme for the drone industry was notified by the Ministry of civil aviation in September 2021. Under this scheme, manufacturers of drones and drone components are going to be given an incentive of 20% of the worth addition made by them during the following three years.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.financialexpress.com\/wp-content\/uploads\/2021\/09\/drones-1.jpg\" alt=\"Modi Govt approves PLI scheme for Drones and Drone Components; Check key features - The Financial Express\" \/><\/p>\n<p>The value addition is going to be calculated because of the annual sales revenue from drones and drone components (net of GST) minus their purchase cost (net of GST). Also, there must be a minimum value addition of 40% of income for drones and drone components.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.newsncr.com\/wp-content\/uploads\/2021\/09\/Corona-vaccine-will-be-delivered-through-drones-in-Andaman-and.jpg\" alt=\"Government will give incentives to companies making drones and its parts, PLI scheme of Rs 120 crore announced\" \/><br \/>\nUnder the schemes,\u00a0the entire\u00a0incentive provided is Rs 120 crore\u00a0touch\u00a0three financial years.<\/p>\n<p>&nbsp;<\/p>\n<p>With\u00a0the assistance\u00a0of the PLI scheme,\u00a0it&#8217;s\u00a0expected that by 2026 the Indian drone industry will have\u00a0a complete\u00a0turnover of up to Rs 15,000 crore.<br \/>\nInvitation for applications<br \/>\nOn 11th March 2022, the Ministry of civil aviation ministry invited applications from the eligible drone manufacturers for the PLI scheme. the appliance form is one page and it requires a certificate from the top of the organization and also the statutory auditor. March 31st, 2022 is the deadline for submission of the appliance form.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.medianama.com\/wp-content\/uploads\/2021\/08\/Disaster-Response-2-1024x576.jpg\" alt=\"Drone manufacturers to get incentives from Indian government based on production\" \/><\/p>\n<p>Ban on import of foreign drones<br \/>\nOn February 10th, 2022, the govt banned the import of foreign drones to market their domestic manufacturing. However, there are certain exemptions. With due clearance, drones are often imported for R&amp;D, defence, and security purposes.<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The production-linked incentive (PLI) scheme for the drone industry was notified by the Ministry of civil aviation in September 2021. Under this scheme, manufacturers of drones and drone components are going to be given an incentive of 20% of the worth addition made by them during the following three years. The value addition is going [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":143452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[{"category_id":36,"category_link":"https:\/\/www.caravanalive.com\/?cat=36","category_name":"Article"},{"category_id":156,"category_link":"https:\/\/www.caravanalive.com\/?cat=156","category_name":"India"},{"category_id":511,"category_link":"https:\/\/www.caravanalive.com\/?cat=511","category_name":"Latest News"},{"category_id":137,"category_link":"https:\/\/www.caravanalive.com\/?cat=137","category_name":"News"}],"tags":[{"tag_id":3855,"tag_link":"https:\/\/www.caravanalive.com\/?tag=avaition-department","tag_name":"AVAITION DEPARTMENT"},{"tag_id":2140,"tag_link":"https:\/\/www.caravanalive.com\/?tag=drone","tag_name":"Drone"},{"tag_id":3334,"tag_link":"https:\/\/www.caravanalive.com\/?tag=gst","tag_name":"GST"},{"tag_id":3230,"tag_link":"https:\/\/www.caravanalive.com\/?tag=pli-scheme","tag_name":"PLI scheme"}],"class_list":["post-143450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-india","category-latest-news","category-news","tag-avaition-department","tag-drone","tag-gst","tag-pli-scheme"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Centre Launches PLI Scheme For Drone Industry; Read On - Alive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.caravanalive.com\/?p=143450\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centre Launches PLI Scheme For Drone Industry; Read On - Alive\" \/>\n<meta property=\"og:description\" content=\"The production-linked incentive (PLI) scheme for the drone industry was notified by the Ministry of civil aviation in September 2021. Under this scheme, manufacturers of drones and drone components are going to be given an incentive of 20% of the worth addition made by them during the following three years. 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