“As India’s digital economy matures, Budget 2026 is a critical opportunity to strengthen the foundation for scalable, innovation-led growth. The software and technology sector would benefit from sharper R&D-linked incentives that encourage the development of home-grown AI and deep-tech solutions, particularly those that enhance enterprise productivity, compliance, and decision-making. Targeted R&D tax credits and structured innovation incentives can nudge companies to build and scale domestic platforms rather than rely on imported technologies.
Equally important is sustained government support for large-scale reskilling and talent development, ensuring the workforce remains future-ready as AI adoption accelerates across enterprises. Encouraging the adoption of foundational enterprise tools such as HRMS for core operational functions can help MSMEs and mid-sized organisations scale efficiently and compliantly. Together, these measures can accelerate digital adoption while positioning India as a global hub for sustainable, innovation-driven software growth.”
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