Centre To Launch INR 2,000 Cr Drone Tech Incentive Scheme

The scheme will have a three-year outlay and will cover manufacturing of drones, components, software, counter drone systems, and services

The new drone incentive scheme will aim to localise manufacturing of at least 40% of key components involved in drones by FY28

Under the upcoming scheme, SIDBI will be tasked with offering “cheap loans” for working capital requirements and R&D needs of drone tech firms

The Centre reportedly plans to launch an INR 2,000 Cr ($234…