Budget 2026: Higher defence capex could open new runway for drone and aerospace startups
Published on: Jan. 30, 2026, 10:45 p.m. | Source: CNBC TV18
India’s defence tech startup ecosystem is entering a pivotal phase as Budget 2026 approaches, with expectations of a sharp rise in defence capital expenditure and possible policy reforms. With funding crossing $711 million and investment increasingly concentrating in execution-ready firms, higher government spending and potential FDI liberalisation could accelerate the shift from innovation to large-scale defence manufacturing.
