Thursday, July 25, 2024

Central Govt Is Providing An Incentive Of Rs 120 Crore Under PLI Scheme

By Staff Correspondent

The Production-Linked Incentive (PLI) Scheme for drones and drone components was notified on 30 September 2021. A provisional list of 23 PLI beneficiaries was released on 6 July 2022. The beneficiaries include 12 drone manufacturers and 11 drone component manufacturers. The list of shortlisted drones and drone component manufacturers is given below.

The eligibility criteria which have been set for drones and drone component manufacturers are as follows:

  • Eligibility norm for Micro, Small and Medium Enterprises (MSME) and startups is specified as Rs. 2 crores of annual sales revenue for drone manufacturers and Rs. 50 lakhs of annual sales revenue for drone component manufacturers.
  • Eligibility norm for Non-MSME has specified as Rs. 4 crores of annual sales revenue for drone manufacturers and Rs. 1 crore of annual sales revenue for drone component manufacturers.
  • Minimum value addition is specified as 40% of net sales

The Government is providing a total incentive of Rs 120 crore spread over three financial years starting 2021-22. The incentive for 2021-22 will be payable in 2022-23 after scrutiny of the financial results of the beneficiaries.

This information was given by the Minister of State in the Ministry of Civil Aviation (Gen. (Dr) V. K. Singh (Retd) in a written reply to a question in Rajya Sabha today.

The list of shortlisted drone manufacturers is as follows:Aarav Unmanned Systems, Bengaluru, Karnataka

  • Asteria Aerospace, Bengaluru, Karnataka
  • Dhaksha Unmanned Systems, Chennai, Tamil Nadu
  • EndureAir Systems, Noida, Uttar Pradesh
  • Garuda Aerospace, Chennai, Tamil Nadu
  • Ideaforge Technology, Mumbai, Maharashtra
  • IoTechWorld Avigation, Gurugram, Haryana
  • Omnipresent Robot Technologies, Gurugram, Haryana
  • Raphe Mphibr, Noida, Uttar Pradesh
  • Roter Precision Instruments, Roorkee, Uttarakhand
  • Sagar Defence Engineering,Pune, Maharashtra
  • Throttle Aerospace Systems, Bengaluru, Karnataka

The list of shortlisted drone component manufacturers is as follows:Absolute Composites, Bengaluru, Karnataka

  • Adani-Elbit Advanced Systems India, Hyderabad, Telangana
  • Adroitec Information Systems, New Delhi
  • Alpha Design Technologies, Bengaluru, Karnataka
  • Dynamake Engineering, Hyderabad, Telangana
  • Imaginarium Rapid,Mumbai, Maharashtra
  • SASMOS HET Technologies, Bengaluru, Karnataka
  • Servocontrols Aerospace India, Belagavi, Karnataka
  • Valdel Advanced Technologies, Bengaluru, Karnataka
  • ZMotion Autonomous Systems, Bengaluru, Karnataka
  • Zuppa Geo Navigation Technologies, Chennai, Tamil Nadu


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