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Government Amplifies Budget for Electronics, Semiconductors & AI, Boosting Allocation to Rs 18,000 Crore

In a significant move for the technology sector, the government has raised the allocation for key technology projects—including production-linked incentives for mobile phones, IT hardware, semiconductor schemes, and the IndiaAI Mission—by approximately 84% to Rs 18,000 crore for the next fiscal year.   According to budget documents, the current financial year’s allocation for the key electronic sector project stood at …

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