India Budget 2026 Prioritizes AI And Services Growth

India's Budget 2026, presented Feb. 2, emphasizes deployment of artificial intelligence and technology across services, education, and infrastructure, allocating about ₹2,000 crore to the IndiaAI Mission and pledging 15,000 creator labs for schools and colleges. It raises the Safe Harbour threshold from ₹300 crore to ₹2,000 crore, offers a tax holiday until 2047 for foreign cloud providers, and proposes a unified IT services classification, signaling policy support for cloud adoption, MSME digitization, and integrated tech ecosystems.