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What Did The Budget Have For Indian Tech?

India’s Union Budget 2026 places artificial intelligence and digital infrastructure at the heart of the country’s next growth phase. From tax holidays for AI data centres till 2047 to the launch of India Semiconductor Mission (ISM) 2.0, this year’s announcements signal a decisive push towards building a self-reliant technology ecosystem. In this video, we break down the key highlights: Fiscal deficit at 4.3 per cent of GDP and a growth target of 7 per cent Rs 12.2 lakh crore allocated for capital expenditure with a focus on infrastructure, clean energy and domestic manufacturing Tax incentives for cloud service providers and AI-first companies, catalysing over USD 70 billion in data centre investments by 2035 ISM 2.0 with Rs 1,000 crore provision to expand semiconductor design, equipment manufacturing and talent development Electronics Components Manufacturing Scheme scaled up to Rs 40,000 crore Rare Earth Corridors in mineral-rich states to secure critical materials for semiconductors and clean energy A Rs 10,000 crore SME Growth Fund to support high-potential MSMEs We also explore how Apple benefits from new tax exemptions for equipment providers, and what this means for India’s growing role in global electronics manufacturing. Industry experts see both opportunities and challenges – from execution risks to underpowered funding for frontier AI – but the intent is clear: India is moving AI from pilot projects into real economic infrastructure. Watch the full analysis to understand how Budget 2026 could reshape India’s technology landscape and position the country as a global hub for AI, semiconductors and digital services.