Industry Leaders Hail Budget 2026 for Boosting Digital, Talent, Aviation, Learning, and Insurance Growth

Mr. Hemant Tiwari, Managing Director – India & SAARC, Hitachi Vantara

“The Union Budget 2026–27 is a significant step in strengthening India’s digital and data infrastructure. By providing long-term incentives and a clear safe harbour framework for data centres and cloud services, the government is fostering global investment, technological innovation, and the adoption of emerging technologies such as AI. Supporting infrastructure development in Tier 2 and Tier 3 cities positions India to become a global hub for data, cloud, and IT services, creating new opportunities for talent and sustainable economic growth.”

Srinivas Nandigam, Managing Director – Global Capability Centre, Advance Auto Parts India

“The Budget reinforces India’s commitment to building a future-ready talent ecosystem. Clear taxation policies for skilled global professionals, combined with a focus on emerging technologies and AI, will enable aligned talent development and deeper expertise. These measures strengthen India’s ability to nurture high-quality talent and advance its role as a global services leader on the path to 2047.”

Mr. Subhakar Pappula, Founder & CEO, Flamingo Aerospace

“Union Budget 2026–27 is a timely intervention for India’s civil aviation sector. Exemption of customs duties on aviation components and raw materials will enhance domestic manufacturing, MRO capabilities, and global competitiveness. These measures will accelerate aircraft production, expand infrastructure, create skilled employment, and advance India’s emergence as a regional aerospace hub, supporting the goals of Make in India and Atmanirbhar Bharat.”

Deepak Verma, CEO, EnglishHelper

“The Budget marks a pivotal step in shaping a future-ready learning ecosystem. By integrating skilling initiatives and emerging technologies like AI, it strengthens workforce employability and global competitiveness. Emphasis on tech fluency, language skills, and adaptive learning ensures India’s human capital thrives in an AI-driven world.”

Parimal Heda, Chief Investment Officer, Go Digit General Insurance

“Budget 2026 balances growth, inclusion, and institutional reform while giving the insurance sector confidence to invest in reach, resilience, and product innovation. Measures across motor, health, travel, marine, cargo, and credit insurance—alongside incentives for EV and lithium-ion value chains—improve efficiency, reduce costs, and expand coverage. Coupled with structural reforms, record capital expenditure, and reduced debt-to-GDP targets, this Budget provides a strong platform for sustainable, long-term growth.”