Amit Saluja, Centre Head of NASSCOM CoE, Gandhinagar
India has taken rapid strides towards digitalization recently, and the budget has sought to add pace to the trend. The skill development scheme to cover new-age courses such as coding, AI, robotics, IoT, 3D printing, etc., for Industry 4.0 has been expanded. Setting up 5G labs and three Centre of Excellence for AI will boost research and innovation in realizing the vision of Make AI in India and Make AI work for India. Public Digital Infrastructure will take open innovation to the next level and accelerate tech adoption. All these initiatives will help make Indian enterprises, especially MSMEs, more competitive. Startups and entrepreneurship are other areas that have received increased attention from the FM. On the whole, it is a very forward-looking budget that will promote the inclusive growth of industries.
Bharat Patel, Chairman and Director of Yudiz Solutions Ltd
The FM has presented a budget that will give impetus to growth and development. Setting up three Centres of Excellence for Artificial Intelligence in top educational institutions will galvanize an effective AI ecosystem and nurture quality human resources. Setting up 100 labs for developing applications using 5G services will help realize new opportunities, business models, and employment potential. Expanding the digital ecosystem for skilling with a Skill India Digital platform will enable demand-based formal skilling and facilitate access to entrepreneurship schemes. The boost to the startup ecosystem will spur entrepreneurship and contribute to economic development.
Rajiv Bhatia, Country Head and President of Analytix Solutions
The Finance Minister has delivered a finely balanced budget. Multiple announcements will allow the country to benefit from the demographic dividend. There is a clear focus on education, skilling, digitalization, research, and innovation. The Centres of Excellence for Artificial Intelligence in top educational institutes will help develop an effective AI ecosystem. Setting up 100 labs to develop applications using 5G services will help realize new opportunities. The budget also supports the startup ecosystem, encouraging more youngsters to become entrepreneurs. The boost to the digital payments ecosystem also augurs well for the economy.
Mr. Sean Yalamanchi, President of Infovision
Several measures have been taken for Digital India from the standpoint of the IT sector. These are encouraging signs for the IT industry, as they will increase demand for candidates and services. To begin with, the announcement of a National Data Governance policy will allow access to a wealth of anonymized data. To realize the vision of “Make AI in India, Make AI Work for India,” establishing three centres of excellence for Artificial Intelligence in collaboration with top educational institutions is a bold step. Furthermore, the implementation of the Pradhan Mantri Kaushal Vikas Yojana 4.0 will assist in the skilling of lakhs of youth over the next three years by covering new age courses for Industry 4.0 such as coding, AI, robotics, mechatronics, IOT, 3D printing, drones, and soft skills.”
