Pre-Budget Quote: Ankit Agarwal, Managing Director, STL

“Budget 2026 arrives at a defining moment for India’s telecom and digital infrastructure journey. Over the past few years, sustained policy focus on manufacturing, digital inclusion, and trusted networks has helped build a strong foundation for long-term growth. As an industry, we now look to the next phase—one that deepens domestic capability and strengthens India’s position in the global telecom value chain.
Continued policy support will be critical across telecom equipment, critical components, and core digital infrastructure. Targeted measures to boost exports, accelerate R&D, enable indigenisation of key raw materials, and provide access to long-term infrastructure financing can meaningfully shift India from scale-led manufacturing to innovation-led leadership.
Equally important is close collaboration between government and industry. Building resilient, future-ready networks will require aligned incentives, predictable policy frameworks, and sustained investment. Done right, this approach can enhance global competitiveness while reinforcing India’s role as a trusted digital and manufacturing partner to the world.”
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