Budget 2025: Tarun Wig, Co-founder & CEO of Innefu Labs, Advocates for Increased Investment in AI, Cybersecurity, and Indigenous Technology
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As India approaches Union Budget 2025, Tarun Wig, Co-founder & CEO of Innefu Labs, emphasizes the critical need for greater government investment in cutting-edge technologies, particularly artificial intelligence (AI), cybersecurity, and data analytics. Prioritizing these sectors will not only strengthen India’s digital infrastructure but also enhance national security and promote technological self-reliance, positioning the country as a global leader in innovation.
Key Budget Expectations from Tarun Wig & Innefu Labs
1. Increased Funding for AI, Cybersecurity & Data Protection
- Tarun Wig and Innefu Labs urge the government to allocate substantial funding for AI-powered security solutions to combat escalating cyber threats.
- Strengthening data protection policies and investing in homegrown cybersecurity solutions will ensure digital sovereignty and national security.
2. Tax Incentives & Policy Support for R&D in Emerging Technologies
- Offering tax benefits and subsidies to companies investing in AI, machine learning (ML), blockchain, and cybersecurity will fuel innovation and accelerate India’s tech-driven economy.
- Innefu Labs and other deep-tech firms require government-backed R&D initiatives to scale technological advancements and drive India’s digital transformation.
3. Promoting Public-Private Collaborations to Strengthen Indigenous Technology
- Strategic partnerships between government agencies, research institutions, and private enterprises like Innefu Labs will foster technological growth and accelerate innovation.
- Expanding the Make in India initiative within AI, cybersecurity, and digital defense will help India establish itself as a global technology powerhouse.
4. Investments in Digital Infrastructure & Workforce Development
- Funding AI-driven automation, cloud computing, and quantum computing will enhance India’s digital infrastructure and prepare businesses for the future.
- Establishing government-supported AI & cybersecurity training programs will help bridge the skill gap, ensuring a highly trained workforce capable of handling emerging digital challenges.
A Future-Ready Budget to Drive India’s Digital Leadership
With the growing adoption of AI-driven solutions and an increasing number of cyber threats, a strategic, future-ready Union Budget 2025 can unlock new opportunities for startups, enterprises, and India’s overall digital economy.
Tarun Wig believes that empowering deep-tech firms like Innefu Labs, which focus on AI and cybersecurity solutions, will reinforce India’s Atmanirbhar Bharat (Self-Reliant India) vision and enhance its global competitiveness.
A forward-thinking budget that prioritizes AI, cybersecurity, and indigenous technology innovation will act as a catalyst for India’s digital transformation, enabling the country to emerge as a global leader in advanced technology and cybersecurity.