India plans to invest INR 65,400 crore (USD 7.44 billion) in fighter aircraft engines, aiming for self-reliance in aerospace. By 2035, approximately 1,100 engines will be needed, reducing foreign dependence. Collaboration with international firms for the Advanced Medium Combat Aircraft (AMCA) and an emphasis on domestic capabilities will support this initiative.
India has revoked a tax exemption for missile parts, reverting to prior duties on small-range missile components amid an investigation involving Adani Defence, which allegedly evaded USD 9 million in import taxes. This policy shift creates uncertainty in the defense sector, highlighting the government’s need for stricter oversight and clearer regulations.
Zen Technologies Limited is advancing in India’s defence ecosystem, shifting from training simulators to a comprehensive defence tech innovator. With strategic acquisitions and an aggressive patenting approach, it aims to build proprietary technology and enhance its market stance, aligning with government initiatives like ‘Aatmanirbhar Bharat’ to bolster indigenous defence capabilities.
