Noida, Feb. 19 -- Ankur Kanaglekar, Thales India Vice President, on Thursday, hailed the Union Budget 2026 as "growth-oriented and Atmanirbhar Bharat supporting".

He highlighted the support provided for the growth of the civil aviation industry in the Budget, citing exemptions on import duties for raw materials used in aircraft manufacturing.

"The 2026 budget is a very growth-oriented and 'Atmnirbhar Bharat' supporting budget. I say that because there is a significant effort made to support the civil aviation growth. For example, there are exemptions on the basic import duties that have been announced for raw material which are used in the MROs (Maintenance, Repair & Overhaul) as well as the components that are used for aircraft manufac...