Chairman of Startup Committee of FICCI & HCL founder, Dr Ajai Chowdhry launched the India-United Arab Emirates (UAE) Venture Capital (VC) fund worth $150 million from the India Pavilion at EXPO2020 Dubai, UAE.
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.