Budget 2025 Expectations: Fostering a startup ecosystem for India’s manufacturing renaissance

Regarding budget expectations 2025, Rahul Garg highlighted the importance of accelerating emerging industries, with India’s growing semiconductor sector leading the way. As initiatives like the India Semiconductor Mission gain momentum, Garg emphasized how semiconductor startups are poised for success. He also pointed out the India Electronics and Semiconductor Association’s proposal to extend the PLI scheme with an additional $20 billion allocation over the next five years, further bolstering India’s manufacturing growth in 2025. 

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