The aviation sector is set to get a boost from a proposal in the budget to do away with basic customs duty on imported components that go into the making of civilian aircraft. The aviation sector is ...
In a major push to strengthen India’s aviation ecosystem, Union Finance Minister Nirmala Sitharaman in her Union Budget 2026 speech has proposed to exempt basic customs duty (BCD) on components and ...
The central government’s decision to exempt basic customs duty on components and parts required for the manufacture of civilian, training, and other aircraft is unlikely to push global original ...
The budget proposals coincide with India’s aspirations to position itself as a hub for aircraft maintenance, repair and overhauling operations. The aviation sector is set to get a boost from a ...