DashLoc
“As the Union Budget 2025 approaches, it is crucial for the government to focus on bolstering the startup ecosystem by reducing regulatory complexities, which often hinder growth. Establishing dedicated IT software parks can provide startups with essential infrastructure and foster innovation. Additionally, simplifying access to loans through banks and government-backed schemes will ensure that startups can secure funding more efficiently, enabling them to scale and contribute significantly to the economy. These measures will create a conducive environment for startups to thrive and position India as a global leader in innovation”- Mr. Sumit Singh, CEO and Co-founder of DashLoc
Superbot
The government may also have the critical task of ensuring data privacy, while allowing start-ups to innovate in creating global models of excellence. Government initiatives in promoting global collaboration will help Indian start-ups gain recognition and prominence at a global stage“- Mr. Sarvagya Mishra, Founder & Director at Superbot.
Oreo One Digital
Vivek Surve, AI Expert and Founder, Oreo One Digital “India stands poised at the cusp of an AI-powered revolution, with the potential to transform its economy and society. The upcoming Union Budget 2025-26 presents a critical opportunity to nurture this burgeoning sector and solidify India’s position as a global AI leader. This budget holds the key to unlocking the full potential of AI, from driving economic growth and improving public services to addressing societal challenges. By strategically investing in research and development, cultivating a skilled AI workforce, and fostering a conducive ecosystem for innovation, the government can propel India to the forefront of the global AI race. We are anticipating key areas where the government can intervene to maximise the impact of AI on the nation’s progress, focusing on crucial aspects such as research and development, talent development, data infrastructure, and ethical considerations. “