“The Union budget 2019 has certainly brought a smile on the face of people. On the backdrop of the upcoming General elections, the Government has cautiously attempted to present a balanced budget, where it has given equal preference to all segments of the society. However, from the IT hardware industry perspective, we do not see any major announcements in terms of present taxation policies and ease of doing business. Continuing its efforts to boost Digital India and Make in India initiatives, the Government has announced to develop 100,000 digital villages and set up over 260 mobile manufacturing and assembly units. This will
indirectly benefit the industry by generating demand for hardware. The announcement to set up a national center for Artificial Intelligence is a welcome move and reflects Government’s thrust on and digital economy. Overall it is a progressive budget and we expect positive outcomes in the coming years”, Mr. Suresh Pansari, Director, RP tech India.