“This Union Budget 2026–27 is a strong signal of policy confidence, positioning technology as the backbone of a Viksit Bharat. At a time when global macro headwinds are reshaping tech spending, the Budget brings much-needed certainty for India’s IT services and GCC ecosystem. The unified IT services safe harbour framework with a predictable 15.5% margin, along with faster closure of advance pricing agreements, meaningfully strengthens ease of doing business and reinforces India’s competitiveness as a global delivery and engineering hub.
Just as importantly, the Budget makes a clear long-term bet on AI, through AI-led governance and enabling digital infrastructure, while recognising that India’s next growth curve will be won on talent. What is more encouraging is our government’s balanced approach, combining regulatory simplicity with long-term bets on AI-led governance, emerging technologies like quantum computing, and stronger participation of women in STEM. Put together, this is a decisive step towards making India not just a scale destination, but a high-value, trusted technology partner to the world.” –Piyush Jha, Group Vice President & Head – APAC at GlobalLogic
