Hindustan Aeronautics (HAL)- India's Largest Defense Company

[1957]

HAL is one of the beneficiaries of customer duty exemption up to another 5 years on import of parts for its product

Indian Defense Sector

Customs duty exemption on import of 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 con…