Customs duty exemption on defence parts extended for another 5 years

The move will enhance output of defence equipment/ machinery. The beneficiaries will be all defence equipment manufacturing companies

India can not become atma nirbhar bharat overnight it is a gradual process. Till that time we continue to.import parts to increase our output and export value added products or fully assembled products.
For example , Prachand helicopter engine by HAL has currently 45% indigenous content and aiming to increase to 60%