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Below Reaction On Post-Budget By Amit Mahajan, Director, Paras Defence & Space Technologies Limited

“We welcome the Union Budget 2026 as a strategic and forward-looking blueprint for India’s technological and defence renaissance. The substantial allocation of ?7.84 lakh crore to the defence sector, including a capital outlay of over ?2.19 lakh crore, underscores the Government’s sustained commitment to defence modernisation, indigenisation and capability expansion. This decisive fiscal push strengthens long-term demand visibility for domestic defence manufacturers and accelerates India’s transition from a buyer to a builder of advanced defence systems.

We commend the Government’s emphasis on fostering a robust manufacturing and innovation ecosystem, thereby accelerating the country’s Viksit Bharat vision and enhancing India’s competitive edge across defence, semiconductors and allied high-technology domains. The prioritisation of capital expenditure, coupled with policy continuity around self-reliance, signals a structurally supportive environment for companies operating across strategic electronics, optics, surveillance and space-enabled defence solutions.

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