The IT and electronics industry call for focusing on India, AI R & D, and digital infrastructure

Union Budget 2025: IT and Electronics industry calls for focus on Make in India, AI R&D, and digital infrastructure

2025-01-29 18:25:00 :

New Delhi [India]January 29 (ANI): Information technology (IT) and electronic industry participants before the union budget 2025-26, requiring to motivate Indian manufacturing plans to invest in semiconductor manufacturing, artificial intelligence research and taxation funds, tax relief technology Start -ups, infrastructure development, skill development plans, and support for digital infrastructure.

The Alliance Finance Nilmala Sitharaman will propose a budget in Parliament on February 1.

Kapal Suresh Pansari, managing director of RP Tech, expressed optimism and said that the budget would pave the way for the industry’s sustainable growth and new opportunities in the industry.

He said: “Incentive measures and infrastructure investment in Indian manufacturing plans can greatly improve the ICT (information and communication technology) supply chain. In addition, the policy to promote innovation and skills development will be the key to strengthening India as a global technical leader. ”

Agnit Semiconductor CEO and co -founder Hareesh Chandrasekar said that the semiconductor department is expected to achieve significant growth and requires the use of “green channels” to clear the super fast customs clearance for semiconductor materials, which simplifies the manufacturing process.

He said: “For example, measures on local manufacturing components are low, and import tariffs on semiconductor -level investment are reduced, and domestic companies’ zero -to low interest rate funds can catalyze the growth of local semiconductor manufacturers.”

In addition, he advocates the government’s venture capital funds and incentives to bring back the work of the global semiconductor giant to solve the gap between talents.

Similarly, the future of the IT field depends to a large extent on AI, and the new CEO Narinder Kumar said: “We want to see a large amount of funds allocated to generate AI research and development, and establish a regulatory sandbox to establish a regulatory sandbox to in order Convenient AI experiment and progress.

Kumar also predicts that export incentives for IT exports, especially in Genai to improve India’s global competitiveness.

NIRMALYA CHATTERJEE, NEMETSCHEK GROUP, the infrastructure on the country VP and MD, point out the key role in technology integration in promoting construction and infrastructure growth.

He explained: “It is estimated that the alliance budget will give priority to infrastructure and construction as the main driving force for economic growth. The focus is to increase investment and technology integration.”

The key areas of the focus of industry leaders are urgent to create employment opportunities and skills.

Gagan Arra, the founder and CEO of Vertex Global Services, pointed out the importance of the skill plan, especially in emerging technologies.

Arora pointed out: “The government should give priority to employment and skills development. Enhanced vocational training and higher education opportunities through targeted skills development investment is one of the main factors to pay attention to in the budget.”

“Investment in proficiency and improvement of skill plans, the gap between talent gaps and the cultivation of future labor through public -private partnerships and private partnerships is critical. Create employment opportunities, “Raja said. Lahri, Grant Thornton Bharat’s partner and leader of the technology industry.

Mayank Maggon, the founder of Techchefz Digital, said: “The upcoming budget of the union will take measures to support the growth of SMEs for IT services. , Enable small and medium -sized enterprises to achieve small and medium -sized enterprises, enabling small and medium -sized enterprises to achieve compliance with small and medium -sized enterprises.

As India continues to position themselves as a global leader of AI, several leaders are seeking a concrete step in promoting AI innovation.

Rajgopal, CEO and Managing Director of NXTGEN, further emphasized the importance of AI in promoting the growth of the entire department and provided a specific budget for the AI ​​of the government department.

He added: “I hope that the government will create specific budget regulations for the use of AI in all ministries, so that Goi can continue to follow an example for the industry.” (Ani)

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Commercial News Agency News Alliance Budget 2025: The IT and Electronics Industry call for focusing on India, AI R & D, and digital infrastructure

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