What Happened
New Delhi Invests Heavily In Domestic Aerospace Manufacturing
India has earmarked around Rs 1.39 lakh crore for domestic defence companies in the 2026-27 defence budget, with a focus on building a self-reliant defence industry. However, despite the big budgets, key technology gaps remain, particularly in aero-engines, sensors, and materials. The government’s emphasis on intellectual property ownership and local content may help address these gaps, but the industry’s ability to develop and certify critical components at scale remains a challenge. According to a report by 360 ONE Capital, the opportunity for Indian firms depends on deeper capabilities in critical subsystems, as reported by The Financial Express.