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Below the Quote on Pre budget expectation by Varun Babbar, Managing Director - India & SAARC, Qlik

“As India advances toward its vision of ‘Viksit Bharat’ under Prime Minister Modi’s leadership, AI’s role in driving transformative change across industries is crucial. The upcoming Union Budget presents a unique opportunity to prioritize investments in AI research, skill development, and digital infrastructure. These initiatives will empower businesses to innovate and position India as a global leader in AI-driven economic growth.

Qlik's recent AI survey highlights the significant potential of AI in transforming sectors such as healthcare, finance, manufacturing, and education, while also revealing challenges such as skill gaps, data governance issues, and trust deficits. To address these, targeted investment in AI skill development, R&D, and government-backed training programs is essential to bridge the talent gap and ensure responsible AI deployment. 

Prioritizing robust data governance frameworks and designing AI systems with a human-centered approach - emphasizing fairness, transparency, and accountability will be vital to addressing ethical concerns and mitigating risks such as deepfake misuse and job displacement. These efforts will prepare the workforce for the future, enable data-driven insights for smarter decision-making, and position India as a leader in inclusive, technology-driven growth.”

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