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The production-linked incentive (PLI) scheme has been the much-needed shot in the arm for electronics and IT hardware manufacturing in India. Year 2024 promises to be a game changer for Indias hi-tech manufacturing, as the country becomes less dependent on imports and is recognised as a global manufacturing destination.
Satya Gupta, President VLSI Society of India, and advisor at India Electronics and Semiconductor Association (IESA), is confident about the policy luring large semiconductor players and Indian business houses to participate in a meaningful way.