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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…
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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…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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