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EY has recommended that the Indian government expand the Production Linked Incentive (PLI) scheme to include emerging sectors like artificial intelligence, space, and robotics in the upcoming Budget 2026. This initiative aims to boost private investment in alignment with the government's self-reliance policy, building on previous budget allocations that significantly increased funding for electronics, IT hardware, and automotive components. EY highlighted the need for tax certainty and streamlined compliance to attract both domestic and foreign investors amid a volatile global economic landscape.