Aereo Receives the First Set of Incentives in Drone-Based PLI Scheme from MoCA

Aereo Receives the First Set of Incentives in Drone-Based PLI Scheme from MoCA

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Hyderabad/Bengaluru, 20th April 2023: Aereo (formerly Aarav Unmanned Systems) received the first set of disbursements from the Ministry of Civil Aviation (MoCA) under the Production Linked Incentive (PLI) scheme for drones and drone components. MoCA has disbursed an amount of Rs. 30 crores to 12 beneficiaries for the fiscal year FY 2022-2023....

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