1. A method for inspecting a component, the method comprising: inducing, by an inductive coil, an electrical current flow into the component; capturing, by an infrared (IR) camera, at least a first set of frames and a second set of frames corresponding to the component, wherein the first set of frames is captured at a first time interval and a second set of frames is captured at a second time interval; constructing, by a processing unit, a thermal image based on at least the first set of frames and the second set of frames corresponding to the component; and determining presence of a thermal signature in the thermal image, wherein the thermal signature is representative of a defect in the component.