Union Budget 2026–27: India Bets Big on Cloud, AI, and Cyber Resilience

The report analyzes India’s Union Budget 2026–27, emphasizing a long-term digital strategy that treats AI, cloud, and data centers as core infrastructure, highlighted by a tax holiday until 2047 for foreign cloud companies serving global markets from India and expanded safe-harbour rules for IT services. It outlines initiatives such as Semiconductor Mission 2.0 (Rs.1,000 crore) and an expanded Electronics Components Manufacturing Scheme (Rs.40,000 crore), positioning India as a global hosting and manufacturing hub. Industry leaders broadly endorse the approach, noting the alignment of growth with cybersecurity readiness, and the potential for investment, skills development, and digital resilience.