Budget 2024: Electronics sector root for design-focused incentives, less dependence on imports

India’s electronics industry has been growing rapidly for the past decade. Equirus Securities’ report says that the electronics sector is set to grow by 41% annually until FY 26. Aiming to keep the sector in an upward trajectory, industry players and experts believe it is important to scale further and become globally competitive. Players from India’s electronics sector lay out their expectations and wishes. How can the upcoming Budget 2024 make space for this agenda?
India’s electronics sector wants to keep its positive momentum going, highlighting their wishes from the upcoming Budget.
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