Govt offers new tax breaks in bid to lure foreign capital
- Posted on August 3, 2026
- By Financial Express
- 1 Views
- 1 min read
The government has unveiled an ambitious tax incentive program designed to attract international investment in the technology sector. Electronics contract manufacturers will benefit from a comprehensive tax holiday extending through fiscal year 2041, positioning the nation as a competitive hub for global tech giants. This strategic initiative aims to boost domestic manufacturing capabilities, create employment opportunities, and establish a robust supply chain infrastructure while strengthening economic growth through foreign direct investment in the semiconductor and electronics industries.
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