"The government's 'Make in India' initiative will not just encourage companies to grow, but will also lead to an increase in the number of software product start-ups in the country," he adds.
The industry believes that India has the potential to create the next Silicon Valley and this Budget can be the launchpad for that vision. According to industry sources, the IT market is on the rise and is expected to grow to $225 billion by 2020.
"The government should spearhead technology projects which could help the economy latch onto latest IT platforms in areas like financial inclusion and banking services," feels Dusad.
"In addition to the 'Make in India' initiative, we also support the vision behind the 'Digital India' campaign," he adds.