The outlook for innovation from the 2021 budget remains strong, with a lot more focus on making an ‘Atmanirbhar’ ecosystem. Today tech startup companies have become the backbone for the growth of the country, we are optimistic about the initiatives taken to strengthen India’s digital drive and to further amplify the digital economy. The impact of the pandemic has forced sectors that operate traditionally to change their models rapidly to support modern trends. Two-thirds (70%) of the public sector are of the opinion that COVID-19 has caused IT to be viewed more strategically in their organisations, and hence the budgets intention to push for innovation and R&D is one step in the right direction for the tech sector, in establishing a Digital First mindset throughout India.
