RattanIndia’s Drone Company TAS Approved for PLI Scheme

Article By : RattanIndia Enterprise Ltd

TAS has been shortlisted for the PLI Scheme for Drones and Drone Components.

Throttle Aerospace Systems Private Ltd (TAS) has been shortlisted for the Production Linked Incentive (PLI) Scheme for Drones and Drone Components by the Government of India. The Ministry of Civil Aviation (MoCA) made the announcement on the beneficiaries of the PLI scheme last July 6, 2022.

RattanIndia Enterprise Ltd (REL) had recently acquired majority of shareholding in India’s leading drone company TAS through NeoSky India Ltd, a wholly owned subsidiary of REL.

The objective of this scheme is to incentivise domestic manufacturing of Unmanned Aerial Vehicles (UAVs) and UAV components in India in line with Govt. of India’s vision to make India a global drone hub. PLI scheme is aimed to make the industry self-sustaining and competitive across the globe. Drones are a valuable component for multiple industries such as agriculture, infrastructure, emergency response and disaster relief, transportation, geospatial mapping and mapping for marketing purposes, media and entertainment, law enforcement and defense.

 

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