Civil Aviation Ministry notifies operational guidelines for drone PLI scheme
The Hindu
The government has approved the PLI scheme with an outlay of ₹120 crore and the scheme is to be implemented during the 2022-23 to 2024-25 period.
The Civil Aviation Ministry has notified the operational guidelines for the Production Linked Incentive (PLI) scheme for drones and drone components.
The government has approved the PLI scheme with an outlay of ₹120 crore and the scheme is to be implemented during the 2022-23 to 2024-25 period.
In a communication dated November 29, the Ministry said the guidelines have been finalised after consultations with stakeholders, including industry representatives. The PLI will be extended only to companies engaged in the manufacturing of drones and drone components in India.
The total PLI per manufacturer is capped at ₹30 crore which is 25% of the total financial outlay of ₹120 crore. Indian MSMEs and start-ups manufacturing drones and having annual sales turnover of ₹2 crore will be eligible for the scheme. In the case of drone component makers, the eligibility threshold will be ₹0.5 crore.
For Indian non-MSMEs that are into making drones, the annual sales turnover requirement will be ₹4 crore for claiming the PLIs. The minimum level will be ₹1 crore in the case of non-MSME drone component makers, as per the Ministry.
Subject to the norms, developers of software for drones and drone components will also be eligible for PLI. "Excess incentive paid to any applicant (due to any reason like sales return in the subsequent year or some other reason) will be adjusted in the incentives payable in the next year(s).
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