Tech giants are eagerly anticipating the Union Budget 2026-27, hoping for substantial investments in the artificial intelligence (AI) ecosystem. Industry leaders are calling for increased funding and policy support to spur innovation and enhance digital capabilities. This push is seen as crucial for maintaining global competitiveness and fostering technological advancements that can drive economic growth.
The budget is expected to address key areas such as research and development, skill enhancement, and infrastructure improvements. Companies are advocating for incentives that encourage collaboration between startups, academia, and industry players to create a robust AI ecosystem. By prioritizing these areas, the government aims to position the country as a leader in AI technology, attracting both domestic and international investments.
Moreover, stakeholders are emphasizing the importance of a comprehensive digital infrastructure strategy. This includes expanding high-speed internet access, improving data centers, and ensuring cybersecurity measures are in place. These efforts are essential to support the rapid growth of AI applications across various sectors, from healthcare to finance, ultimately aiming to transform everyday life and business operations.
— Authored by Next24 Live