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India prepares to unveil upgraded incentives for semiconductor manufacturing post-PLI success.

  • New package set to be prioritized by the incoming government.
  • Surge of proposals in semiconductor sector necessitates swift central decisions.
  • Financial support of up to 50% of project cost currently offered to chip fabricators.
  • US and China’s generous packages prompt India’s aggressive approach to woo investments.
  • Enhanced incentives crucial to bolstering India’s semiconductor industry competitiveness.
  • Measures aimed at attracting foreign companies to invest in Indian semiconductor sector.
  • Focus on accelerating growth and innovation in India’s semiconductor manufacturing landscape.
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