iOS Xcode Build hanging at "Running script 'Bundle React Native code and images' the transform cache was reset."

[v-san048]

Environment

React Native - 0.64.1 Node 12.X

Things I’ve done to figure out my issue

• [x] I used upgrade-helper to do my upgrade.

Upgrading version

Upgrading from 0.63.3 to 0.64.1

Description

I am trying to upgrade a react-native application from 0.63.3 to 0.64.1 using manual upgrade. I have to jump the node version also from 10.x to 12.x. Locally in Xcode and android studio application is building fine and able to run the application. Once I run the build in CI iOS YAML build is hanging at "Xcode Build" i.e. Running script 'Bundle React Native code and images'. Android build is hanging at gradlew assembleDevRelease. There is no error printing after 60 mints operation gets cancelled because of the time limit. How can we see through the errors? or any possible solution we can try?

Reproducible demo

Upgrade the application from 63 to 64 using react-native manual helper. Build the application using CI tool.