Govind Rammurthy, CEO and Managing Director, eScan that encapsulate the brand’s outlook on the upcoming budget and its potential to bolster India’s tech future:
“For the last two decades, India has been on the path to establishing tech supremacy. The country’s burgeoning digital economy is poised for further expansion and its contribution to the Government’s aim of achieving a $5 trillion GDP by 2025 will be undoubtedly crucial. The software industry looks forward to a period of growth and stability, propelled by fresh policies in the upcoming Union Budget, which could open numerous opportunities for the sector. An assertive and conducive policy environment that encourages R&D across emerging software and hardware technologies, such as Artificial Intelligence (AI/ML) and the Internet of Things (IoT), will drive India towards a tech-driven future. Furthermore, incentivizing digitalization with Made-in-India technologies, ushering in tax sops for indigenous IPR creation, within the Indian domestic private sector and public sector undertakings (PSUs) will significantly enhance the industry’s revenue streams, further strengthening Indian technology companies.”
