New Delhi: The Ministry of Civil Aviation (MoCA) has released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (PLI) Scheme for drone and drone components.
These include 12 drone manufacturers and 11 drone component manufacturers. The Ministry invited applications from eligible manufacturers on 4th May 2022 and the last date for submission was 20th May 2022.
The provisional list of PLI beneficiaries has been prepared on the basis of the unaudited financial results for 2021-22 and other information. The shortlisted beneficiaries have crossed the eligibility criteria related to sales revenue and value addition in FY 2021-22.
The list of shortlisted drone manufacturers is as follows:
- Aarav Unmanned Systems, Bengaluru, Karnataka
- Asteria Aerospace, Bengaluru, Karnataka
- Dhaksha Unmanned Systems, Chennai, Tamil Nadu
- EndureAir Systems, Noida, Uttar Pradesh
- Garuda Aerospace, Chennai, Tamil Nadu
- Ideaforge Technology, Mumbai, Maharashtra
- IoTechWorld Avigation, Gurugram, Haryana
- Omnipresent Robot Technologies, Gurugram, Haryana
- Raphe Mphibr, Noida, Uttar Pradesh
- Roter Precision Instruments, Roorkee, Uttarakhand
- Sagar Defence Engineering, Pune, Maharashtra
- Throttle Aerospace Systems, Bengaluru, Karnataka
The list of shortlisted drone component manufacturers is as follows:
- Absolute Composites, Bengaluru, Karnataka
- Adani-Elbit Advanced Systems India, Hyderabad, Telangana
- Adroitec Information Systems, New Delhi
- Alpha Design Technologies, Bengaluru, Karnataka
- Dynamake Engineering, Hyderabad, Telangana
- Imaginarium Rapid, Mumbai, Maharashtra
- SASMOS HET Technologies, Bengaluru, Karnataka
- Servocontrols Aerospace India, Belagavi, Karnataka
- Valdel Advanced Technologies, Bengaluru, Karnataka
- ZMotion Autonomous Systems, Bengaluru, Karnataka
- Zuppa Geo Navigation Technologies, Chennai, Tamil Nadu
The combined annual sales turnover of the above-mentioned companies has increased from INR 88 crore in FY 2020-21 to INR 319 crore (unaudited) in FY 2021-22. The eligibility criteria for the PLI scheme for drones and drone components include 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.
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