Budget 2026 tech highlights: What govt announced on AI, chips, cloud and data infrastructure

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The Union Budget 2026-27 has unveiled a series of strategic initiatives aimed at bolstering India's technological landscape. At the forefront is the Semiconductor Mission 2.0, a robust plan to enhance domestic chip manufacturing capabilities, addressing global supply chain vulnerabilities. This initiative is expected to attract significant foreign investments and foster innovation in the semiconductor sector, positioning India as a key player in the global tech market. In addition to hardware advancements, the budget introduces tax incentives for cloud service providers, aiming to accelerate the adoption of cloud technologies across various industries. These measures are designed to reduce operational costs for businesses and enhance data accessibility, thereby driving digital transformation in India. The government also plans to invest in expanding data infrastructure, ensuring better connectivity and seamless data exchange nationwide. Artificial intelligence remains a focal point, with the announcement of new AI tools tailored for sectors such as healthcare, agriculture, and education. These tools are intended to streamline processes, improve decision-making, and provide personalized solutions. By integrating AI into public services, the government aims to enhance efficiency and accessibility, ultimately improving the quality of life for citizens and maintaining India's competitive edge in the rapidly evolving tech landscape.

— Authored by Next24 Live