Drone Industry Welcomes Government’s Force Majeure Relief Amid West Asia Crisis

The Indian drone industry has strongly welcomed the government’s decision to grant deadline extensions and waive penalties for contracts disrupted by the ongoing conflict in West Asia.The move, announced through a Finance Ministry circular, recognises the situation as a Force Majeure event, providing much-needed relief to companies struggling with supply chain delays and rising costs.Smit Shah,
The Indian drone industry has strongly welcomed the government’s decision to grant deadline extensions and waive penalties for contracts disrupted by the ongoing conflict in West Asia.The move, announced through a Finance Ministry circular, recognises the situation as a Force Majeure event, providing much-needed relief to companies struggling with supply chain delays and rising costs.Smit Shah,
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