Shortlisted drone makers

Dhaksha Unmanned Systems, Chennai

Ideaforge Technology, Mumbai

Io TechWorld Avigation, Gurugram

Omnipresent Robot Technologies, Gurguram

Raphe Mphibr, Noida

Shortlisted drone components makers

Absolute Composites, Bengaluru

Adani-Elbit Advanced Systems India, Hyderabad

Adroitec Information Systems, New Delhi

Alpha Design Technologies, Bengaluru

Inventgrid India, Sambalpur

Paras Aerospace, Bengaluru

SASMOS HET Technologies, Bengaluru

ZMotion Autonomous Systems, Bengaluru

Zuppa Geo Navigation Technologies, Chennai

Eligibility critaria

The eligibility criteria for the PLI scheme for drones and drone components include an annual sales turnover of Rs 2 crore for drone companies and Rs 50 lakh for drone components manufacturers; and a value addition of over 40% of sales turnover.

Tenure of the scheme

The tenure will be three years, starting from the financial year 2021-22. The PLI for a particular financial year will be claimed and disbursed in the subsequent financial year. A select company will be eligible for benefits for three consecutive financial years but not beyond the financial year 2023-24.

Total incentive

Under the PLI scheme, a total incentive of Rs 120 crore is spread over three financial years, which is nearly double the combined turnover of all domestic drone manufacturers in FY 2020-21. The PLI rate is 20% of the value-added, which, the Centre says, is one of the highest among other PLI schemes. The total PLI per manufacturer is capped at Rs 30 crore, which is 25% of the total financial outlay of Rs 120 crore.

To make it viable for manufacturers, those who fail to meet the value addition threshold in 2021-22 will be allowed to claim the lost incentive in the subsequent year if they make up the shortfall in 2022-23, the ministry said.

PLI beneficiaries

Drone PLI scheme: Adani JV, IdeaForge among 14 firms selected