Industry leaders praised the Union Budget 2026–27 for its focus on skilling, innovation, Electronics Component and Manufacturing Scheme (ECMS), and semiconductors. They believe these measures will help India become a global electronics manufacturing hub. Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, described the Budget as “bold” for combining growth with inclusion. He highlighted the importance of skilling and investments in science and innovation to enhance domestic capabilities and promote import substitution in critical sectors.
Atul Soneja, Chief Operating Officer of Tech Mahindra, commended the Budget for reinforcing India’s position as a trusted technology and innovation partner. He welcomed initiatives like the IndiaAI Mission, the National Quantum Mission, and the enhanced R&D ecosystem, stating that they align policy, technology, and talent to accelerate India’s innovation journey. Soneja particularly appreciated the government’s recognition of cutting-edge technologies such as Artificial Intelligence for good governance.
Puneet Chandok, President of Microsoft India and South Asia, highlighted the significance of placing AI at the core of economic and governance priorities. He praised the Budget’s focus on data centers, cloud, and AI infrastructure, emphasizing the importance of secure and resilient compute capacity as AI adoption grows. Chandok noted that this infrastructure would support public services, enterprise innovation, and long-term competitiveness.
Balbir Singh Dhillon, Brand Director of Audi India, welcomed the Budget’s strong emphasis on infrastructure and capital expenditure, viewing it as a positive development for India’s mobility sector. He mentioned that improved highways and intercity connectivity, especially in Tier-II and Tier-III markets, are enhancing the ownership and usage ecosystem for luxury automobiles. Dhillon also appreciated the government’s focus on fiscal prudence, macroeconomic stability, and ease of doing business, which he believes will boost long-term investments in the automotive industry.
