Amaravati to Host Drone Summit This Month | Andhra Pradesh
By Rediff Money Desk, New Delhi Oct 17, 2024 13:59
Amaravati will host a two-day drone summit starting October 22, featuring drone companies, foreign entities, and a drone show with over 5,000 drones. The event aims to boost India's drone industry.
New Delhi, Oct 17 (PTI) The civil aviation ministry and the Andhra Pradesh government will organise a two-day drone summit starting from October 22 in Amaravati.
The summit is expected to see the participation of drone companies, foreign entities and other stakeholders.
Briefing reporters here about the summit, Andhra Pradesh government's Secretary of Infrastructure & Investment (I&I) Department S Suresh Kumar said on Thursday that there will also be a drone show with more than 5,000 drones on October 22.
So far, more than 1,000 delegates have registered for the summit, he added.
At the briefing, Senior Economic Advisor at the civil aviation ministry Piyush Srivastava said the government is working on a new Production-Linked Incentive (PLI) scheme for the drone sector and inputs are being sought from the stakeholders.
The first PLI scheme for drones, introduced in 2021 with an outlay of Rs 120 crore for three financial years starting from 2021-22, has ended.
The summit is expected to see the participation of drone companies, foreign entities and other stakeholders.
Briefing reporters here about the summit, Andhra Pradesh government's Secretary of Infrastructure & Investment (I&I) Department S Suresh Kumar said on Thursday that there will also be a drone show with more than 5,000 drones on October 22.
So far, more than 1,000 delegates have registered for the summit, he added.
At the briefing, Senior Economic Advisor at the civil aviation ministry Piyush Srivastava said the government is working on a new Production-Linked Incentive (PLI) scheme for the drone sector and inputs are being sought from the stakeholders.
The first PLI scheme for drones, introduced in 2021 with an outlay of Rs 120 crore for three financial years starting from 2021-22, has ended.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Kretto Syscon
- 1.02 (+ 4.08)
- 66881006
- Shree Securities
- 0.45 (+ 12.50)
- 60278969
- Mishtann Foods L
- 9.67 ( -1.73)
- 59217815
- Vodafone Idea L
- 7.87 ( -1.99)
- 45227161
- YES Bank Ltd.
- 21.21 ( -1.71)
- 26456481
MORE NEWS
Dish TV Shareholders Reject Appointment of Ind...
Dish TV shareholders have rejected the proposal to appoint two independent directors,...
India Needs Investment in Roads, Ports, Energy:...
Veteran banker KV Kamath stresses the need for increased investment in roads, ports,...
IGI IPO: Blackstone-Backed Gem Firm Raises Rs...
International Gemmological Institute (IGI) has raised Rs 1,900 crore from anchor...