Ankur Shrivastava, Founder and Managing Partner at Momentum Capital said, “Momentum Capital is expecting India's 2026 budget to prioritize deep-tech start-up support, especially on climate & health-tech innovation.”
India Budget 2026 LIVE: Industry Leaders Call for Targeted Policy Support
With the Economic Survey tabled on January 29, the focus now shifts to Finance Minister Nirmala Sitharaman’s February 1 Budget speech, expected to address US tariff pressures and steps to lift domestic consumption
Union Finance Minister Nirmala Sitharaman
Budget 2026: Just one day ahead of the Union Finance Minister Nirmala Sitharaman’s presentation of the Budget for the financial year 2026-27 (FY27), the Economic Survey prepared by her Chief Economic Advisor has emphasised the need for long-term reforms rather than "quick fixes to visible, short-term pressures." With the Economic Survey tabled on January 29, the focus now shifts to Finance Minister Nirmala Sitharaman’s February 1 Budget speech as she outlines India’s roadmap to tackle challenges. Taxpayers are now watching closely for measures to curb challenges, whereas analysts are divided on expectations. Industry voices are urging North Block to prioritise targeted incentives for sunrise sectors such as semiconductors, artificial intelligence and renewable energy, while reports suggest higher allocations for Railways and power distribution companies.
LIVE UPDATES
Budget 2026 LIVE Updates: Deep-Tech Start-ups Seek Higher Budget Support
Advertisement
He added that current non-dilutive grants of INR 10–50 lakh are insufficient for science-backed breakthroughs, and higher DST-style grants along with credit guarantees for first-of-a-kind deployments are essential to de-risk hardware innovation and scale domestic pilots.