As the anticipation builds for Budget 2026, the spotlight is firmly on Artificial Intelligence (AI) and its pivotal role in shaping India’s economic future. Indian businesses, recognizing AI’s transformative power, are laying out a comprehensive vision for how the government can accelerate the nation’s AI journey. Their collective demands extend beyond mere investment, encompassing robust infrastructure, clear ethical frameworks, and equitable access for all.

At the core of these expectations is the call for significant investment in cutting-edge AI infrastructure. Firms are urging the government to prioritize the development of high-performance computing capabilities, state-of-the-art data centers, and a resilient digital public infrastructure (DPI). This foundational backbone is crucial for processing, storing, and analyzing the vast datasets essential for advanced AI applications. Moreover, incentives for private sector participation in building this critical infrastructure are seen as paramount to fostering a truly collaborative and innovative ecosystem.

Equally critical is the establishment of a clear, comprehensive ethical and regulatory framework for AI. Businesses emphasize the need for policies that address data privacy, algorithm transparency, accountability, and fairness. A proactive approach to governance will be instrumental in building trust among users and fostering responsible AI development, mitigating potential risks while simultaneously encouraging innovation. Without robust guardrails, AI’s immense potential benefits could be undermined by public apprehension and ethical dilemmas.

The vision also strongly advocates for equity and inclusion. It is imperative that the benefits of AI are not concentrated among a select few, but are accessible across all sectors and regions of the country. This translates into targeted support for Micro, Small, and Medium Enterprises (MSMEs) to adopt AI solutions, initiatives aimed at bridging the existing digital divide, and ensuring AI applications cater to India’s diverse linguistic and cultural contexts. An inclusive AI ecosystem is vital for broad-based economic growth and societal upliftment.

To truly leverage AI, India needs a workforce equipped for the future. Firms are pushing for enhanced investments in AI education, upskilling, and reskilling programs, alongside robust support for research and development (R&D). Encouraging universities and vocational training centers to integrate AI curricula, coupled with grants for pioneering AI research, will cultivate a talent pool capable of driving innovation and adopting new technologies efficiently.

Budget 2026 presents a pivotal opportunity for India to solidify its position as a global AI leader. By strategically investing in foundational infrastructure, establishing strong ethical guidelines, ensuring equitable access, and nurturing a skilled workforce, the government can unlock AI’s full potential. The collective voice of Indian businesses underscores a clear message: a future-forward budget focused on AI infrastructure, ethics, and equity is not just desirable, but essential for a prosperous and inclusive digital India.