The Union Budget 2025-26 takes a significant step toward strengthening India’s technological landscape by prioritizing AI, deep tech, and digital education. The establishment of AI Centers of Excellence, alongside the expansion of IITs, will foster a robust ecosystem for innovation and skill development. Additionally, the government’s focus on supporting deep tech startups through dedicated funding will accelerate advancements in AI, blockchain, and clean energy. These initiatives reaffirm India’s commitment to becoming a global leader in emerging technologies, driving both economic growth and digital transformation. The Government should look at gaining AI sovereignty against US and China already present there.
Mr. Gaurav Sahay, Practice Head (Technology & General Corporate) at Fox Mandal & Associates LLP – With over 15 years of experience, Gaurav specializes in the intersection of technology and law, providing a broad perspective on corporate and commercial legal matters. His expertise spans multiple sectors, including Retail, Media, AI, and various tech-driven industries like FinTech and HealthTech. Hs LinkedIn can be accessed here: Gaurav Sahay LinkedIn.