The Budget presentation by the Indian government is about to take place in the Parliament. On this occasion, it's time to reflect in which direction the economy is moving, the challenges before the country and how to take the economy forward. Several industry leaders have expressed their expectations from the oncoming Budget 2026, showing their concerns and visions for the near future. Especially for the IT industry, these comments are important.
Following are the comments showing the expectations of the IT industry leaders -
"As India looks towards to the Union Budget 2026, there is a significant opportunity to reinforce the country’s position as a trusted global hub for technology, innovation and digital services. Continued focus on digital public infrastructure, secure Cloud adoption and resilient data ecosystems will be critical as enterprises worldwide accelerate technology-led transformation amid rising complexity and cyber risk.
From a global service and GCC perspective, the Budget presents an opportunity to further enable high-value technology work by strengthening the innovation ecosystem, advancing digital skills and supporting services-led exports. Incentives for Cloud transformation, cybersecurity readiness and responsible AI adoption will help multinational organisations deepen their long-term commitments to India. With more than half of Ensono’s global workforce based in India, we see first-hand how India’s talent ecosystem has evolved from a delivery-centre model into a strategic engine for Cloud modernisation, data platforms and AI-led transformation for global enterprises. Equally important is a strong focus on future-ready skills, platform engineering, AI operations and data engineering that align with global enterprise needs. A forward-looking Budget that supports digital talent, strengthens the GCC ecosystem and enables technology-led growth will further cement India’s role as a trusted global partner in the digital economy."
--Veena Khandke, SVP & MD, Ensono India
“As we look ahead to the Union Budget 2026, there is an opportunity to strengthen the digital and institutional foundations supporting credit-led participation in the economy. India’s youth, first-time borrowers, and nano-entrepreneurs are becoming central to credit flows. The digital credit ecosystem has reached an inflection point, where small-ticket loans are increasingly used to invest in skills, education, healthcare, and early-stage entrepreneurship, rather than short-term needs alone.”
"The Union Budget 2026 presents a pivotal moment to cement India’s role as a global AI and digital talent hub through clear policy roadmaps for AI skilling, incentives for enterprise reskilling, R&D credits for indigenous AI and SaaS innovations; and support for MSMEs via affordable Cloud platforms and digital vouchers. We expect these measures to supercharge productivity, bridge digital gaps, and future-proof our workforce with AI-driven learning solutions that have already empowered over large Indian global enterprises."
--Sameer Nigam, Co-Founder & CEO, Stratbeans
“As Budget 2026 approaches, there is a clear opportunity to reinforce the digital foundations that will underpin India’s AI, Cloud and data-driven growth over the next decade. Cybersecurity and sovereign Cloud infrastructure need to be treated as strategic assets, not just technology enablers. Higher allocations towards secure, sovereign Cloud environments, stronger security standards and structured public–private collaboration for cyber readiness would be timely, particularly as sensitive workloads in banking, government and critical infrastructure move to the Cloud. Supporting Indian service providers that are building compliant, sovereign infrastructure will be key to reducing external dependencies while strengthening national digital resilience.
Equally important is expanding enterprise-grade connectivity beyond major metros so that manufacturing clusters, healthcare institutions, financial services and government offices across Tier 2 and Tier 3 regions can participate fully in the digital economy. Measures that improve viability for regional ISPs, accelerate last-mile fibre deployments and enable sustainable network expansion can help close persistent access gaps. With AI workloads driving higher energy consumption in datacentres, targeted fiscal support for renewable power adoption, efficient cooling technologies and green ICT research will be essential. In parallel, stronger investment in skilling across cybersecurity, networking, Cloud and AI, along with clearer guidance on responsible AI and data governance, will give enterprises the confidence to innovate at scale. A Budget that backs sovereign cloud, secure connectivity, sustainable infrastructure and workforce development will lay the groundwork for India’s next phase of digital growth.”
"For India’s travel ecosystem to scale sustainably, the Union Budget must facilitate access to institutional credit for the travel sector. Credit remains a challenge that businesses face in expansion, despite the sector’s strong revenue visibility and low default risk. Most travel businesses operate on booking-led cash flows, advance collections and extended settlement cycles, yet these realities are not adequately recognised by traditional lending frameworks. Credit products aligned to travel-specific cash cycles would enable healthier growth and reduce dependence on informal financing.
At the same time, policy support that strengthens international connectivity from non-metro cities, improves cross-border payment infrastructure and simplifies regulatory compliance will be critical as outbound demand expands beyond metros. Together, these measures can create a more predictable, capital-efficient operating environment and help Indian travel businesses compete more effectively on a global stage."
--Arun Bagaria, CEO & Co-founder, TravClan
The above comments show that the industry leaders are optimistic about improving the situation of the IT industry on all fronts. They have given suggestions about how to improve the economy and take the IT sector forward. The government will do well to reflect on these suggestions.
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