Ministry of Civil Aviation in September 2021 had approved a PLI scheme for drones and drone components with an allocation of Rs 120 crore spread over three financial years.
NITI Aayog has released a report titled 'Banking on Electric Vehicles in India', which outlines the need and importance of inclusion of Electric Vehicles in RBIs priority-sector lending guidelines.
'I4F- India-Israel Industrial R&D and Technological Innovation Fund' is a collaboration between the Department of Science and Technology (DST), the Government of India, and the Israel Innovation Authority.
Malaysia's AirAsia Group said it has changed the name of its listed holding company to Capital A to reflect the diversity of its business portfolio as it seeks to grow its non-airline revenue.