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PLI Scheme for Drone Industry

  • IASbaba
  • September 16, 2021
  • 0
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PLI Scheme for Drone Industry

Part of: GS-Prelims and GS-II: Governance

Context: Government has approved Production Linked Incentive (PLI) Scheme for Drone Industry

  • Will incentivize emergence of Advanced Automotive Technologies global supply chain in India
  • Help create additional employment of over 7.6 lakh people
  • Incentives worth ₹ 26,058 crore will be provided to industry over five years
  • It will bring fresh investments of over₹5,000 crore in three years and incremental production of over ₹ 1,500 crore

News Source: PIB

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