As Budget 2025 approaches, Tarun Wig, Co-founder and CEO of Innefu Labs, highlights the critical need for the Indian government to focus on indigenous technology development. He emphasizes strategic investments in artificial intelligence (AI), cybersecurity, and data analytics as essential for promoting self-reliance and strengthening India’s infrastructure to tackle challenges in national security and data protection.
Wig advocates for policy reforms that encourage public-private partnerships and introduce tax incentives for research and development (R&D) in emerging technologies. According to him, these initiatives will fuel innovation and drive India’s digital transformation journey. He believes a forward-thinking Budget 2025 focused on the technology sector will accelerate growth for tech-driven companies like Innefu Labs and position India as a global leader in technology.
In addition to fiscal measures, Wig stresses the importance of creating a regulatory framework that supports ethical AI development and data privacy standards. He also underscores the need for skill development programs to equip the Indian workforce with the expertise needed in AI, cybersecurity, and data science, ensuring long-term sustainability in the tech sector.
Wig further highlights India’s potential to become a global hub for cybersecurity solutions, given the rising sophistication of cyber threats worldwide. By investing in homegrown cybersecurity technologies and fostering collaborations between government, industry, and academia, India can secure its digital infrastructure and contribute to global cyber defense.
By prioritizing these sectors in Budget 2025, Wig asserts that India can enhance its technological ecosystem, ensuring robust economic growth and fortified national security in the digital era. A budget that aligns with these goals will not only support companies like Innefu Labs but also solidify India’s position as a technology powerhouse on the global stage.
