Saturday, July 12, 2025 | 07:13 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Union Cabinet clears PLI scheme to make India a drone hub by 2030

The PLI scheme will provide up to 20% incentive to manufacturers of drones and drone components

Drone
premium

The government expects the drone manufacturing sector to attract investment of over ~5,000 crore. It sees a jump in the sector’s turnover from ~60 crore now to Rs 900 crore in FY24

Aneesh Phadnis Mumbai
The Union Cabinet on Wednesday cleared a production-linked incentive (PLI) scheme to make India a drone hub by 2030.

The PLI scheme will provide up to 20 per cent incentive to manufacturers of drones and drone components. It comes close on the heels of the recent liberalisation of rules, which has made owning and operating drones easier.

The government has allocated Rs 120 crore for the scheme and it will be spread over three years. This amount is nearly double the combined turnover of all domestic drone manufacturers in FY21, the ministry of civil aviation said in a press release. Manufacturers will