Analysissemiconductorsdata centresstartupstax reform
India Budget 2026 Strengthens Technology Ecosystem
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8.1
The Union Budget 2026, presented Feb. 1, 2026, prioritizes semiconductors, data centres, startup scaling, and IT tax reforms to build deeper technology capabilities. It strengthens the Semiconductor Mission, clarifies data-localisation and tax treatment for hyperscalers, and raises support for scaling deep-tech startups, signaling potential to move India up global technology value chains if execution is sustained.
Scoring Rationale
Strong policy signals and industry-wide scope, but limited novelty beyond interpretation of official budget measures.
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