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Budget 2025: Industry anticipates strong boost for innovation and growth in AI and data science

Budget 2025: Industry anticipates strong boost for innovation and growth in AI and data science


Published on 2025-01-27 00:02:18 - cnbctv18
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  • Offering tax rebates for companies that prioritise skill-based hiring, upskilling, or lateral skilling initiatives could help foster a culture of consistent learning and adaptability within the workforce,

The article from CNBC TV18 discusses the expectations for India's Budget 2025, focusing on the potential for innovation and growth in sectors like AI and data science. Pratap Daruka, a partner at Prosus Ventures, emphasizes the need for government support in these areas to foster a robust startup ecosystem. He highlights the importance of policy measures that encourage research and development, provide tax incentives, and facilitate easier access to capital for tech startups. Daruka also points out the significance of enhancing digital infrastructure and cybersecurity, which are critical for the growth of AI and data-driven technologies. The article suggests that with the right budgetary allocations and policy frameworks, India could significantly advance its position in the global tech landscape, leveraging its large pool of talent and growing market.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/budget/budget-2025-innovation-and-growth-ai-data-science-pratap-daruka-19546672.htm ]
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