As the Union Budget 2025 approaches, Saily Lad, CEO and Founder of Volksara Techno Solutions, outlined key expectations for the technology sector. Highlighting the sector’s role in driving economic growth, Lad emphasized the need for policies that foster innovation, digital transformation, and startup empowerment.
“The technology sector is looking forward to measures that fuel innovation, promote digital transformation, and empower startups. Prioritizing investments in Artificial Intelligence (AI), cybersecurity, and other cutting-edge technologies will be crucial to strengthening India’s digital backbone,” Lad stated.
She called for simplified tax structures and increased incentives for research and development (R&D) to reinforce India’s position as a global technology leader. Additionally, Lad stressed the importance of providing startups with access to affordable credit and reducing compliance complexities to nurture a thriving entrepreneurial ecosystem.
“We hope this year’s budget will reflect a commitment to leveraging technology as a cornerstone for India’s economic growth and global competitiveness,” Lad added, underlining the role of government backing in unlocking the full potential of India’s tech landscape.
The technology sector eagerly anticipates the Union Budget 2025, expecting impactful measures to advance innovation and position India as a leader in the global digital economy.