India's Semiconductor Leap: Tax Holidays and Infrastructure Revamp Propel Growth
Extending tax holidays and waiving import duties on semiconductor equipment could boost India's semiconductor industry, according to Polymatech Electronics CEO Eswara Rao Nandam. Addressing infrastructure bottlenecks and ensuring an uninterrupted power supply are crucial for sustained growth. The India Semiconductor Mission, supported by a substantial PLI scheme, aims to enhance domestic manufacturing capabilities.
