The Prime Minister has made a great point, and the budget presented by the Finance Minister, truly reflects the hopes and dreams of 1.4 billion Indians and sets a clear course for a developed India. It’s not just about numbers; it’s a forward-thinking blueprint for transforming India’s digital and economic landscape.
For the IT sector, the message is crystal clear: growth is on the horizon, supported by stable policies. By simplifying tax and compliance processes and adopting a unified approach to IT services, we’re clearing up long-standing confusion, allowing tech companies to zero in on what really counts: innovation, scaling up, and competing on a global stage.
The strong focus on cloud computing, data centres, and AI-driven infrastructure marks a significant shift in perspective. Digital capabilities have evolved from being mere tools to becoming central to India’s growth strategy. Offering long-term incentives for cloud and digital infrastructure sends a strong signal to both global and local players that India is gearing up to be a reliable, future-ready hub for cutting-edge technologies.
Equally important is the positive impact on jobs and the wider ecosystem. A stable policy landscape, better infrastructure economics, and long-term visibility will lead to more quality jobs, stronger startups and MSMEs, and a deeper integration into global digital value chains.
In a time when global markets are feeling uncertain, India has opted for clarity and confidence. The Union Budget for 2026–27 serves as a strategic statement of India’s digital priorities and highlights the evolving role of the IT sector, not just as a service provider, but as a key player in driving the nation’s AI-enabled future.
— Alok Gupta, Managing Director, IndiaIT360.