“The upcoming budget should prioritize India’s digital and technological growth by focusing on key areas such as AI, machine learning, blockchain, and 5G infrastructure. Strengthening these areas will drive innovation and help bridge the digital divide between urban and rural India. We anticipate measures to boost R&D, semiconductor manufacturing, and green technologies, which are crucial for enhancing India’s position as a global technology hub. Policies that support startups, MSMEs, and local manufacturing—through refined PLI schemes and targeted subsidies—will play a pivotal role in strengthening the ‘Make in India’ initiative and reducing import dependency. Additionally, simplifying tax structures and investing in skill development will empower the tech ecosystem, driving long-term, sustainable growth. We are optimistic about the government’s continued focus on digital transformation, sustainability, and self-reliance, which align with our commitment to innovation and eco-friendly practices.”

By: Alok Dubey, Chief Finance Officer, Acer India.

“The upcoming budget needs to recognize a crucial shift in India’s startup landscape. While we have mastered software innovation, the next wave of value creation will come from hard-tech – startups solving complex industrial, agricultural, and healthcare challenges. To enable this, we need more than just tax benefits. We should consider creating specialized funding pools for R&D-intensive startups, particularly those working on deep tech solutions. The government could introduce matching funds for early-stage investments in sectors like semiconductor design, biotech, and advanced materials. This would help de-risk private investment in areas that typically have longer gestation periods but higher impact potential. Additionally, simplifying the process for academic institutions to become startup shareholders could unlock a wealth of untapped innovation. Many breakthrough technologies remain within lab walls due to complex commercialization pathways. The focus should shift from creating more startups to enabling the right kind of startups – ones that solve India’s core challenges while building for global markets,”

By: Ganesh Raju, Founder, Turbostart Global.