Mr. Arvind Krishnan; Founder and CEO of Skope Kitchens
“Lowering taxes for India’s expansive middle class is poised to significantly stimulate domestic consumption, giving consumers extra spending power and fueling economic momentum.
The Union Budget 2025 underscores India’s ambition to emerge as a global frontrunner in advanced technologies, with a special emphasis on Artificial Intelligence. By earmarking ₹500 crore for a new Centre of Excellence in AI for Education and bolstering AI research at the IITs, the government is nurturing high-level innovation. This initiative is designed to draw in exceptional talent, spark international partnerships, and create robust industry links, demonstrating India’s unwavering commitment to meeting the global need for AI expertise.
Moreover, the budget champions deep-tech entrepreneurship by establishing a dedicated Fund of Funds, intended to accelerate breakthroughs in AI, machine learning, and automation. This move is aimed at fostering indigenous innovations and investments in the AI sector, setting the stage for sustainable, technology-driven growth.”
Mr. Rohith Reji, Co-founder and CEO at Neokred
“India’s 2025 Union Budget demonstrates a strong commitment to boosting domestic consumption by lowering taxes for the large middle class. Simultaneously, it prioritizes becoming a global leader in advanced technology, particularly Artificial Intelligence. A ₹500 crore allocation for a new AI Centre of Excellence in Education, along with expanded AI research at IITs, signals a focus on high-level innovation. This Centre is expected to attract leading talent, foster global collaborations and industry partnerships, and address the global demand for AI expertise. Furthermore, a dedicated Fund of Funds for deep-tech entrepreneurship will stimulate breakthroughs in AI, machine learning, and automation, encouraging domestic AI innovation and investment.”
Mr. Tom Mathew; Co-Founder and COO of Skope Kitchens
“Easing the tax burden on India’s vast middle class is set to give a major boost to domestic spending, putting more money in the hands of consumers and driving economic growth.
The Union Budget 2025 highlights India’s ambition to lead in advanced technology, particularly Artificial Intelligence. With ₹500 crore allocated to establish a Centre of Excellence in AI for Education and expand AI research at IITs, the government is investing in innovation at the highest levels. This initiative aims to attract top talent, foster global collaborations, and strengthen industry partnerships, reinforcing India’s commitment to becoming a global AI powerhouse.
Additionally, the budget places a strong emphasis on deep-tech entrepreneurship, introducing a dedicated Fund of Funds to support breakthroughs in AI, machine learning, and automation. By encouraging homegrown AI innovations and investments, India is laying the groundwork for a future driven by cutting-edge technology and self-sustained growth.”