Indian drone industry will have a turnover of up to ₹15,000 crore by 2026: Jyotiraditya Scindia
The Hindu
Currently, Indian drone manufacturing companies have a turnover of approximately ₹80 crore, he mentioned.
The Indian drone industry will have a total turnover of up to ₹15,000 crore by 2026 as the government has given a major boost to the sector with the production-linked incentive (PLI) scheme announced on Wednesday and liberalised rules implemented last month, Civil Aviation Minister Jyotiraditya Scindia said on Thursday.
The Civil Aviation Ministry on Wednesday approved a PLI scheme for drones and drone components with an allocation of ₹120 crore spread over three financial years. The PLI scheme comes as a follow-through of the liberalised Drone Rules, 2021, released by the Centre on August 25.
In the press briefing, Mr. Scindia said on Thursday, “With Drone Policy (Rules) and Drone PLI scheme, we have an aim that drone manufacturing companies in India should reach a turnover of ₹900 crore in the coming three years.” Currently, Indian drone manufacturing companies have a turnover of approximately ₹80 crore, he mentioned.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.