These exemptions are part of the tax reforms unveiled by the Finance Minister to boost the manufacturing sector in the country and are being made effective from Monday.

Last month, the Adani Group and Embraer signed a Memorandum of Understanding to manufacture commercial aircraft in India. Embraer will import aircraft components into India, the company had said.

India's focus has moved from building infrastructure to bringing in policies that localize plane making and reduce costs for ...

India’s MRO industry is projected to grow to $4 billion by 2031, registering a compounded annual growth rate of 8.9 percent, according to the Ministry of Civil Aviation ...

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 ...

Centre announces incentives for indigenous seaplane manufacturing, VGF support for operations, and customs duty exemption on aircraft components ...

The Union Budget 2026-27 in India has introduced significant measures aimed at reducing costs in the aviation sector, ...