Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 29 OCTOBER 2021

PLI Scheme For Drones

Ikigai Law
Explore more from Ikigai Law

The Government released a Production Linked Incentive (PLI) scheme for manufacturers of drones in India. This scheme seeks to promote the growth of the drone manufacturing sector in India

IndiaTransport
Ikigai Law
Ikigai Law
Aman Taneja
Aman Taneja
Anirudh Rastogi
Anirudh Rastogi
Author LinkedIn connections

The Government released a Production Linked Incentive (PLI) scheme for manufacturers of drones in India. This scheme seeks to promote the growth of the drone manufacturing sector in India, in conjunction with the Drone Rules 2021. It provides incentives which will see the growth of more indigenous drone and drone component manufacturers, promote foreign investment in the sector and generate employment. This blogpost outlines the specifics of the scheme and the impact it might have on the sector. 

Invigorating indigenous manufacturing for drones

Introduction

Make Drones in India: The Government notified a Production Linked Incentive (PLI) scheme for Indian drone manufacturers on 30 September 2021.1 The scheme seeks to promote a competitive and self-sustaining drone manufacturing industry in India under the Atmanirbhar Bharat Abhiyan. The scheme comes shortly after the announcement of the Drone Rules 2021 which encourages drone operations in India by improving

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Termination, Recovery & Damages – Lessons From FW Aviation v Vietjet

The dispute in FW Aviation (Holdings) 1 Limited v VietJet Aviation Joint Stock Company1 has been decided through three substantial judgments of the English Commercial Court (“English Court”). Together, they address whether the aircraft leases were validly terminated, sums payable as a result of termination, and the extent to which damages could be claimed for losses arising from the condition, detention and delay in eventual export of the aircraft.
IndiaTransport
Tuli & Co
Tuli & Co
Article

Setting Up An MRO Facility In India

Opening an aircraft maintenance facility in India requires navigating three parallel regulatory tracks that operate on different timelines: airworthiness approval from the DGCA, land and airside access from airport operators, and duty treatment from customs authorities. This comprehensive legal guide examines the statutory framework under the new Bharatiya Vayuyan Adhiniyam 2024, the CAR-145 organization approval process, airport land allocation challenges, customs duty exemptions, and the state-level clear
IndiaTransport
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants
Article

Aircraft Repossession vs Going-Concern Value: How India’s New Insolvency Framework Changes The Position Of Aircraft Lessors

Airline insolvency presents a particularly difficult problem for insolvency law because the assets most critical to keeping the airline operational may not belong to the airline at all. Aircraft are frequently held under operating leases. When an airline enters insolvency, therefore, the resolution professional (“RP”) may be required to preserve the corporate debtor as a going concern while the aircraft lessor seeks to enforce its contractual and international-law rights to recover possession of its aircraft.
IndiaTransport
King, Stubb & Kasiva
King, Stubb & Kasiva
Article

Aircraft Maintenance Reserve Clauses That Prevent Costly Redelivery Disputes

Aircraft maintenance reserve clauses and redelivery conditions are the two provisions most likely to trigger multi-million dollar disputes at the end of an aircraft lease agreement. This article examines the mechanics of Maintenance Reserve Funds, explores escrow versus lessor-retained custody structures, and provides detailed guidance on drafting quantified redelivery conditions that eliminate ambiguity when exposure is highest.
IndiaTransport
Maheshwari & Co. Advocates & Legal Consultants
Maheshwari & Co. Advocates & Legal Consultants