PLI for Drones and Drone Components Opened for those who Cross
Minimum Threshold in FY 21-22
·
Companies
who have Crossed the PLI Eligibility Threshold for FY 2021- 2022 can Apply
·
Last
Date for Submitting the Application Form is 20th May 2022
·
The deadline for submitting the
application form is 23.59 hours on 20th May 2022.The final list of PLI
beneficiaries is expected to be released by 30th June 2022 after detailed
scrutiny of their financial results and other specified documents.
·
Five drone manufacturers and nine drone
component manufacturers in 20 April list
·
A total incentive of INR 120 crore is
spread over three financial year
·
The PLI rate is 20% of the value
addition which is one of the highest among other PLI scheme
The Ministry of Civil Aviation (MoCA)
has opened the application window for those manufacturers of drones and drone components,
who may have crossed the PLI eligibility threshold for the full financial year (1st
April 2021 to 31st March 2022). Such manufacturers may submit the application
form at https://www.civilaviation.gov.in/application-pli-scheme.
The MoCA order dated 4th
May 2022 is at: https://www.civilaviation.gov.in/sites/default/files/Application%20for%20PLI%20scheme%20for%20drones%20and%20drone%20components.pdf
The deadline for submitting the application form is 23.59 hours
on 20th May 2022.The final list of PLI beneficiaries is expected to be released
by 30th June 2022 after detailed scrutiny of their financial results and other specified
documents.
Earlier
on 20th April 2022, MoCA has published a provisional
list of 14 PLI beneficiaries based on the financial results submitted by PLI applicants
for the ten-month period (1st April 2021 to 31st January 2022).These include five
drone manufacturers and nine drone component manufacturers in 20 April list. The
MoCA order dated 20th April is at: https://www.civilaviation.gov.in/sites/default/files/Public%20Notic.pdf
The eligibility criteria for the PLI scheme for drones and drone
components includes an annual sales turnover of INR 2 crore for drone companies
and INR 50 lacs for drone components manufacturers; and value addition of over 40%
of sales turnover.
The PLI scheme for drones and drone components was notified on
30th September 2021. Under the scheme, a total incentive of INR 120 crore is spread
over three financial year which is nearly double the combined turnover of all domestic
drone manufacturers in FY 2020-21. The PLI rate is 20% of the value addition which
is one of the highest among other PLI scheme. The PLI scheme for drones and drone
components is at: https://egazette.nic.in/WriteReadData/2021/230076.pdf
Apart from the PLI Scheme, Government of India has carried series
of reforms to make India a global drone hub by 2030. This includes notification
of the liberalized Drone Rules, 2021; publishing of Drone Airspace Map 2021 which
opens nearly 90% of Indian airspace as a green zone, UAS Traffic Management (UTM)
policy framework 2021; Drone Certification Scheme 2022 which makes it easier for
drone manufacturers to obtain a type certificate; Drone Import Policy, 2022 which
bans import of foreign-made drones; and the Drone (Amendment) Rules, 2022 which
abolishes the requirement of a drone pilot license for drone operations.