Boost for India’s Semiconductor Drive in Budget 2024
In a pivotal move, Finance Minister Nirmala Sitharaman has increased the semiconductor and display manufacturing outlay by 130%, reaching Rs 6,903 crore in the Union Budget 2024. This substantial hike aligns with India's aim to establish itself as a semiconductor and electronics manufacturing powerhouse. The increased budget, coupled with other PLI allocations, reflects the government's commitment to fostering a robust electronics
