* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, October 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

    Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Strictly Come Dancing results: Chris Robshaw is eliminated while drag queen La Voix escapes dance-off – Yahoo

    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

    3 Technology Stocks to Buy Now – Yahoo Finance

    3 Must-Buy Tech Stocks You Can’t Afford to Miss Right Now

    ‘New frontier’: Austin leaders start discussions on air taxi technology – KXAN Austin

    Austin Leaders Ignite Exciting Conversations on the Future of Air Taxi Technology

    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Budget 2024: Here’s what India’s drone industry wants from government

July 16, 2024
in General
Budget 2024: Here’s what India’s drone industry wants from government
Share on FacebookShare on Twitter

India’s drone industry, a burgeoning sector with immense potential, has garnered significant attention over the last few years due to its wide range of civilian and national security applications.

As the industry looks to the future, there is hope for continued support and growth, beginning with extending the ₹120 crore Production-Linked Incentive (PLI) Scheme, launched in FY22 and concluded in FY24.

Smit Shah, President of the Drone Federation of India, emphasised the impact of the PLI scheme on the ecosystem, stating, “There are about 400-plus startups that have come in the ecosystem. The extension of the PLI scheme will ensure that more companies can participate and can essentially take benefit of the scheme. The drone PLI scheme will directly help us to increase indigenisation and help in the entire fight against ‘some of our friendly neighbours.’”

To transform India into a global drone hub by 2030, industry leaders argue that substantial investments in research and development are crucial. Financial aid, such as an extended PLI scheme, would be beneficial, but it may not suffice alone. The sector needs to grow rapidly to enhance the use of drone technology in national security and other areas.

Vipul Joshi, CFO of ideaForge, highlighted the need for government support in R&D investments, saying, “The kind of size of commitments the companies are trying to make and the increase in developmental opportunities happening, it will be great to get support from the government’s side where upfront investments in R&D could be invested or supported by the government. It will be great if the government makes this technology a part of the overall governance and security framework.”

Higher drone adoption, whether for defence or civilian use, will lead to cost-effectiveness and necessitate a robust local component manufacturing ecosystem and supply chain to increase localisation without compromising quality. The industry believes a dedicated R&D Fund is essential for achieving this goal.

Smit Shah stressed the importance of developing a domestic component and tier-II supplier ecosystem, noting, “There has to be a major focus on developing our own domestic component and tier-II supplier ecosystem, which is why we require an R&D fund. Some of the R&D funds that are being earmarked should have a special focus on drone components.”

Additionally, the industry seeks a simplified tax structure to provide stability and predictability for the numerous startups within the sector. Shah added, “The drone industry being a very nascent industry, there is a need for a lot of handholding in terms of HSN codes, import duties, and GST rates, so that whatever is written in the policy is clearly understood through clarifications and capacity-building workshops to the industry.”

In summary, the Indian drone industry is optimistic about its future, contingent on extending the PLI Scheme, establishing a research and development fund for drone components, and simplifying the tax regime. If these three key elements are addressed in Budget 2024, the industry is poised to soar, facing fewer obstacles and paving the way for India to become a global drone hub by 2030.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CNBCTV18 – https://www.cnbctv18.com/economy/budget-2024-drone-industry-seeks-pli-extension-tax-simplification-from-government-19444330.htm

Previous Post

OpenText Cloud Editions 24.3 Unlocks Innovation and Productivity for Developers and Knowledge Workers Through Trusted Data

Next Post

Salary and pension of Karnataka govt employees to go up by 58.5%

Revisiting Pope Francis’ Call for ‘Ecological Conversion’ – Sojourners

Pope Francis’ Powerful Appeal for a Global Ecological Awakening

October 21, 2025
PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

October 21, 2025
An update from Riane Eisler, author of “The Chalice and the Blade,” on achieving peace. – Psychology Today

An update from Riane Eisler, author of “The Chalice and the Blade,” on achieving peace. – Psychology Today

October 21, 2025
We live in a sailboat and travel the world full-time… but our lifestyle isn’t as glamorous as you’d think – Daily Mail

Living Full-Time on a Sailboat and Traveling the World: The Reality Behind the Glamour

October 21, 2025
3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

3 E Network Technology Group Limited Closes $1.5 Million Convertible Promissory Note Offering – Quiver Quantitative

October 21, 2025
This Week in Navy Sports Presented by Navy Federal Credit Union – Naval Academy Athletics

Thrilling Moments from This Week in Navy Sports

October 21, 2025
New Land Cruiser “FJ” Makes World Premiere – トヨタ自動車株式会社 公式企業サイト

Unveiling the All-New Land Cruiser “FJ”: A Bold and Exciting World Premiere

October 20, 2025
World economy resilient but underwhelming, says IMF chief – African Business

Global Economy Proves Resilient Yet Growth Falls Short, Warns IMF Chief

October 20, 2025
Country music legend rushed to hospital year after heart surgery. Here’s what we know – PennLive.com

Country Music Legend Rushed to Hospital One Year After Heart Surgery – What’s Happening Now?

October 20, 2025
Proteases in intestinal health and disease – Nature

The Vital Role of Proteases in Intestinal Health and Disease

October 20, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (878)
  • Economy (899)
  • Entertainment (21,770)
  • General (17,713)
  • Health (9,940)
  • Lifestyle (912)
  • News (22,149)
  • People (900)
  • Politics (909)
  • Science (16,110)
  • Sports (21,399)
  • Technology (15,879)
  • World (882)

Recent News

Revisiting Pope Francis’ Call for ‘Ecological Conversion’ – Sojourners

Pope Francis’ Powerful Appeal for a Global Ecological Awakening

October 21, 2025
PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

PJSB donates $50,000 for UACCM Nursing and Science Center – KVOM

October 21, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version