The Ministry of Civil Aviation issued an invitation to apply for the Production Linked Incentive (PLI) scheme for drones and their components. It stated that the application form must be submitted by May 20, 2022.
The ministry has opened an application window for drone and drone component manufacturers who met the PLI eligibility threshold in the previous fiscal year (April 1, 2021, to March 31, 2022). The application form must be submitted by 23.59 p.m. on May 20, 2022. According to the ministry order, the final list of PLI beneficiaries is expected to be released by June 30, 2022, following a thorough review of their financial results and other specified documents.