Union Budget 2024 Expectations: IT Industry Seeks Investment In New Age Tech | In PICS

Nirmala Sitharaman is all set to present the Interim Budget 2024 on February 1 in the Lok Sabha. Check here what the IT industry is expecting from the upcoming Budget

Written By : ABP News Bureau | Updated at : 01 Feb 2024 02:27 PM (IST)

Industry experts are optimistic that the upcoming Budget will prioritise fostering new technologies, offer incentives for the IT sector, and emphasise digitalisation to support the industry's growth

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Industry expects policymakers to prioritise investments in cutting-edge technologies, foster innovation hubs, nurture research and developments. Getty

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IT sector leaders seek further thrust towards new technologies like Artificial Intelligence (AI), Machine Learning (ML), and Data Science.

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Experts believe incentivising domestic manufacturing and investments in PSU digitisation with Made-In-India technologies will help strengthen the Indian IT sector. Getty

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The Union Budget 2024 allocation is expected to create an enabling environment for tech-driven initiatives and boost momentum for the Indian start-up ecosystem. Getty

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The IT sector is anticipating incentive-based initiatives in the upcoming Budget allocation for the industry. Getty

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The industry expects the Budget 2024 to highlight the significance of upskilling and initiatives focused on improving the proficiency of the current workforce. Getty