India, Jan. 27 -- Ajit Manocha, President and CEO, SEMI, made a statement regarding budget expectations for the Indian semiconductor industry.

As the global apex body representing the semiconductor and electronics design and manufacturing supply chain, here are SEMI's expectations for the budget 2025:

India is currently at the cusp of becoming a major global semiconductor hub. As we anticipate the 2025 Union Budget, I must say that it is also going to be a key inflection point for the industry at large. To take a significant step forward, it is imperative for India's semiconductor value chain to: Make strategic investments in domestic manufacturing capabilities, expand R&D funding, and drive sustainable innovation across.

India must al...