Outlook 2026: How the Future Budget Can Transform India from an AI Testing Hub to a Global Leader

AI company Lovable secures $330 million in funding, reaching a valuation of $6.6 billion.
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The 2026 budget could be a pivotal moment for India’s AI evolution. By enhancing deployment, skills training, compute accessibility, and diverse datasets, India has the potential to transition from experimentation to establishing itself as a key player in the global AI landscape, says Apurv Agrawal, Co-Founder and CEO of SquadStack.ai.

By CNBCTV18January 1, 2026, 11:55:57 AM IST (Published)

Over the past decade, India has demonstrated its ability to surpass technological frontiers. UPI not only digitized payments but revolutionized them, while Aadhaar reshaped identity verification on a massive scale. In this context, artificial intelligence offers an even greater possibility. To fully harness its capabilities, India’s shift from a trial phase to a validation phase requires committed policies and budgetary initiatives.

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