India Union Budget 2025 Key Updates-IT/ ITeS and GCC Sector

India Union Budget 2025 Key Updates-IT/ ITeS and GCC Sector

The Union Budget 2025 has struck the right notes for India Inc., with a slew of measures aimed at boosting consumption and encouraging private sector capital expenditure. The government's continued focus on 'Make in India' is expected to increase domestic production, reduce imports, and create jobs, contributing to long-term growth. Additionally, the proposed reforms for greater ease of doing business in India will help facilitate more international and domestic investment.

The Union Budget 2025 has outlined several key policy initiatives aimed at accelerating growth in the IT/ ITeS & GCC sector. With a substantial allocation of INR 386,130mn to the Ministry of Science and Technology and INR 260,262mn to the Ministry of Electronics and Information Technology – a substantial increase of 167% and 48%, respectively - this budget reflects a strong commitment to strengthening India’s technology ecosystem. To further promote growth, the government has also put forth a National Framework to expand GCCs into emerging Tier-2 cities, alongside initiatives to upskill the workforce and AI-focused Centres of Excellence for agriculture, health, and sustainable cities.

Read below the BDO India’s expert summary of the Budget proposals for the IT/ ITeS and Global Capability Centre sector.

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