Budget 2025 | Semiconductor outlay increases by 83%, mobile phone PLI gets a 55% boost

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Finance Minister Nirmala Sitharaman, on Saturday, February 1, proposed a substantial increase in allocations for semiconductors and mobile production. The budget for semiconductors has surged by 83%, reaching ₹7,000 crore, while the Production-Linked Incentive (PLI) scheme for mobile phones has seen a 55% increase, now totalling ₹9,000 crore.

Allocation over the Years

Financial Year Semiconductors + Display PLI (Electronics + Hardware)
2023-24 1,503 4,560
2024-25 6,903 6,200

The allocation for semiconductors in the previous fiscal year (FY25) was revised…



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Budget 2025 | Semiconductor outlay increases by 83%, mobile phone PLI gets a 55% boost



Finance Minister Nirmala Sitharaman, on Saturday, February 1, proposed a substantial increase in allocations for semiconductors and mobile production. The budget for semiconductors has surged by 83%, reaching ₹7,000 crore, while the Production-Linked Incentive (PLI) scheme for mobile phones has seen a 55% increase, now totalling ₹9,000 crore.

Allocation over the Years

Financial Year Semiconductors + Display PLI (Electronics + Hardware)
2023-24 1,503 4,560
2024-25 6,903 6,200

The allocation for semiconductors in the previous fiscal year (FY25) was revised…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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