India, Jan. 29 -- On 1st February, 2025, Finance Minister Nirmala Sitharaman is expected to deliver the Union Budget 2025 to the Lok Sabha. Given, the rising costs of living for the middle class, and the overall sense that economic growth is slowing down, industry stakeholders, investors, and the nation as a whole are anticipating a plethora of measures to be announced in the finance minister's eighth budget (including interim budgets).

The Union Budget for the upcoming fiscal year is just a few days away, but Finance Minister Nirmala Sitharaman might have a significant challenge ahead of her regarding PLI initiatives.The PLI initiatives' main goals are to increase efficiency, attain economies of scale in manufacturing, and draw investme...