India, Jan. 30 -- An expansion of the production-linked incentive (PLI) scheme, particularly a higher allocation for the sops, tops the wish list of chip makers from Finance Minister Nirmala Sitharaman in her Union Budget for 2025-26.

Stakeholders across the semiconductor industry aren't alone, the entire manufacturing industry is awaiting some major announcements on February 1, as the government goes full throttle on 'Make in India'.

Semiconductor manufacturing has been a major focus of the government in the recent past, especially in terms of the volume budgetary allocation, but industry leaders believe that the design ecosystem needs more monetary support to sustain.

Industry experts believe that for the country's semiconductor indu...