India Budget 2026 Strengthens Technology Ecosystem

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.