Electronics and semiconductor firms call for bigger PLI corpus in Union budget

The electronics and semiconductor industry is hopeful of fiscal incentives in the Union budget to support the growth and competitiveness of the sector.

India Electronics and Semiconductor Association (IESA) has proposed the introduction of additional production linked incentives for electronics manufacturing of 25 per cent in 2025-26 and 30 per cent by 2027 connected to local value addition, with a focus primarily on the mobile phone segment.