Interpreted Prediction
Predicted that a 40,000 CR rupees PLI scheme for electronic sub-assemblies and component sector will be announced in India's Union Budget 2024.
AI Evaluation Notes
The prediction stated a 40,000 CR rupees PLI scheme for electronic sub-assemblies and component sector would be announced in India's Union Budget 2024. While the industry had recommended a similar outlay for the 2024 budget, the actual Union Budget 2024 earmarked ₹9,000 crore for the electronics PLI scheme. A larger scheme (₹25,000 crore) for electronic components was cleared by the Finance Ministry for the *2025-26* Budget, not the 2024 Budget.
Prediction Details
Target
40,000 CR rupees PLI scheme for electronic sub-assemblies and component sector announced
Predicted
date
Union Budget 2024