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Initiative on Drone Manufacturing and Operations: Reform Measures to Facilitate Growth in the Country - Vimarsana News

Initiative on Drone Manufacturing and Operations: Reform Measures to Facilitate Growth in the Country

The Central Government has undertaken a series of reform measures to facilitate drone manufacturing and operations in the country, some of these are as follows:(i)Liberalised Drone Rules, 2021 have been notified on 25th August 2021.(ii)Drone Airspace

IdeaForge Technology Makes Stellar Market Debut With 94 Listing Gains - Vimarsana News

IdeaForge Technology Makes Stellar Market Debut With 94 Listing Gains

It listed on the stock markets at Rs 1,305 against its issue price of about Rs 672, thus accumulating 94 per cent listing gains for the investors, , IdeaForge Technology, IdeaForge

EndureAir Systems Raises Seed Funding To Scale Up Manufacturing - Vimarsana News

EndureAir Systems Raises Seed Funding To Scale Up Manufacturing

EndureAir Systems has raised INR 13.5 Cr as part of its seed funding round led by Asian Paints co-promoter Jalaj Dani.

Source: inc42.com
Government releases list of 23 beneficiaries under PLI scheme for drones - Vimarsana News

Government releases list of 23 beneficiaries under PLI scheme for drones

The Ministry of Civil Aviation on Wednesday released the second provisional list of 23 beneficiaries under the Production-Linked Incentive (PLI) scheme for promoting the manufacturing of drones and drone components in the country.

India – Ministry of Civil Aviation invites applications for Production Linked Incentive (PLI) scheme for drones and drone components - Vimarsana News

India – Ministry of Civil Aviation invites applications for Production Linked Incentive (PLI) scheme for drones and drone components

The Ministry of Civil Aviation (MoCA) has opened the application window for those manufacturers of drones and drone components, who may have crossed the PLIeligibility threshold for the full financial year (1st April 2021 to 31st March 2022). Such manufacturers may submit the application form at https://www.civilaviation.gov.in/application-pli-scheme.   The MoCA order dated 4th May 2022 is at: https://www.civilaviation.gov.in/sites/default/files/Application%20for%20PLI%20scheme%20for%20drones%20and%20drone%20components.pdf  The deadline for…