Thursday, February 10, 2022

Investing in India’s Drone Industry: Liberalized Rules, Production Incentives, Import Ban

The government wants to accelerate the development of India’s drone industry and turn the country into a drone hub by 2030. To this end, reforms for regulatory streamlining, production-linked incentives, and an import ban on drones (with the exception for R&D, defense and security purposes) have been introduced. Cumulatively, these policies aim to support the growth of an indigenous drone industry with manufacturing and IT-linked service capabilities.

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