Quote on Post-Budget By Raghu Vamsi, Founder and Managing Director of Aerospace Group
Below Quote on Post-Budget By Raghu Vamsi, Founder and Managing Director of Aerospace Group
This year’s Budget has been structured to reinforce long-term capability building, rather than focusing only on short-term sectoral incentives. The emphasis continues on investment continuity, ecosystem development, resilience, and technology.
In the aerospace and defence space, measures such as import duty exemptions on civilian aircraft components and efforts to reduce manufacturing frictions reflect a clear push towards strengthening domestic capabilities.
Raw material exemptions for defence MRO support sustainment and not just build capabilities. The intent is clear: to lower input costs and make domestic products viable at scale. Drone components are currently under review to accelerate indigenous production. Seaplane incentives, which link manufacturing with operations, signal program-level thinking.
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