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Mr. Srikanth Chakkilam, CEO & Non-Executive Director, Cigniti Technologies

As a Digital Assurance and Digital Engineering company we truly welcome this budget. It is a move to put India into the orbit of unrivalled growth that a 5g enabled economy can usher in all across.

Ensuing the pandemic, the world has seen accelerated adoption of technology. Countries, Economies and Companies are racing to become Digital First and this is a firm step from Indian government to ensure we are truly Digital. The budget serves as a blueprint to reach tech-based, inclusive and futuristic growth potential of an aspirational India. The spectrum auction for 5G networks will give telecom companies the license to give the next-generation wireless communication services to the masses. A scheme for design-led manufacturing in 5G will be introduced as part of the PLI scheme that the government runs to boost local manufacturing. The government’s reform measures to facilitate the proliferation and penetration of broadband and telecom connectivity in India  will further accelerate India’s dream of digital transformation. The digital rupee using block chain and other technologies will give a big boost to the tech eco-system of India. We perceive this move to be a big positive push for the government's "Digital India" programme

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