“The Union Budget sends a strong and reassuring signal for data centre and cloud investments in India. The proposed tax holiday till 2047 for foreign companies setting up data centres in the country provides long-term visibility and confidence for global players evaluating India as a strategic base for their cloud operations. The introduction of a defined safe harbour of 15% on cost for data services co-provided from India by related entities further brings clarity to cross-border operating models and reduces uncertainty around transfer pricing. Together, these measures simplify compliance, lower execution risk, and make it easier for companies to scale data centre and cloud-led services from India.”
Mr. Umesh Shah, Director, New Age Technologies at Orient Technologies Limited
“The Union Budget 2026 clearly recognizes the Orange Economy, particularly the AVGC sector, as a strategic employment and growth engine for India. Measures such as setting up AVGC content creator labs across vocational training and specialized institutes, strengthening creative technology institutions, and the continued thrust under Skill India reflect a strong focus on industry-aligned, job-ready skilling. With the AVGC industry expected to require over 2 million skilled professionals by 2030, sustained hands-on training, curricula aligned with emerging technologies, and deep collaboration between government, academia, and skilling partners will be critical to building a globally competitive and future-ready creative workforce”
Mr. Sandip Weling, Whole-time Director and Chief Business Officer – Global Retail, Aptech Limited
