Global aerospace and defence technology major Thales said the proposed policy support for aero components manufacturing, rising defence expenditure and expansion of aviation infrastructure will strengthen India’s manufacturing ecosystem.
Speaking to businessline, Ankur Kanaglekar, Vice President – India at Thales, said a production-linked incentive (PLI) scheme for component manufacturing could encourage both domestic and global firms to expand manufacturing activity in India.
According to Kanaglekar, the Union Budget 2026–27 allocation of ₹7.85 lakh crore for defence, marking a 15 per cent increase over the previous year, reflects continued emphasis on modernising and strengthening the armed forces.
