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India’s drone industry set up for investments after government announces new incentives

The incentives proposed by the government come days after it relaxed regulations for the domestic drone sector.

The Indian government on September 15 announced a Rs 120 crore production-linked incentive (PLI) scheme for the drone industry which it claimed will bring investments of over Rs 5,000 crore in three years. This Rs 120 crore outlay is part of the Rs 26,000 crore earmarked for the PLI scheme of the automobile sector. The announcement of the PLI scheme comes weeks after the Indian government notified the Drone Rules 2021 which has been welcomed by the industry for being more liberal than its predecessor, the Unmanned Aerial System Rules 2021. In its PLI document, the Ministry of Civil Aviation reasoned that it was bringing drones under the incentive scheme as there was a lack of early-stage funding and bank loans for drone startups. The ministry said that for the industry to succeed in the future, it will need access…

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Among other subjects, I cover the increasing usage of emerging technologies, especially for surveillance in India

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