US Policy Expert Sees India’s Budget Strengthening NRI Investments and Tech Push
Washington, February 2 – According to a US policy expert, India’s latest central budget clearly signals New Delhi’s active efforts to attract global capital, talent, and strategic autonomy, with a special focus on the Non-Resident Indian (NRI) community.
Khanderao Kand, Chief of Policy and Strategy at the Foundation for India and Indian Diaspora Studies, told media that the budget comes at a time of continued economic and geopolitical uncertainties worldwide but reflects India’s confidence in its economic future.
He highlighted that the budget has made investing in Indian equities easier for NRIs by raising individual and aggregate investment limits, enabling them to invest more directly and confidently in the market.
Furthermore, longstanding challenges related to property transactions involving NRIs have been significantly addressed. The new changes reduce compliance burdens, allowing Indians living abroad to buy or sell property more smoothly, which is expected to enhance liquidity in the real estate market.
Kand stated that these combined measures create a clearer, simpler, and more trustworthy investment environment for NRIs.
He added that India is taking significant steps to meet future economic demands. For example, under the India AI initiative, the budget allocates ₹10,000 crore for artificial intelligence, digital infrastructure, data centers, and cloud capacity, helping India become a global leader in AI adoption and expansion.
The expansion of the Semiconductor Mission 2.0 with a ₹40,000 crore investment was also noted. Kand explained that developing rare earth and critical mineral corridors will strengthen supply chain resilience in semiconductors, electric vehicles, electronics, and defense manufacturing.
Increasing the defense budget to ₹7.8 lakh crore is seen as a major stride toward a technologically advanced and self-reliant defense sector, potentially positioning India as a global defense manufacturing and export hub.
According to Kand, the 2026 budget reflects a confident and visionary outlook that opens better investment opportunities for NRIs and lays the foundation for a modern, technologically capable, and self-sufficient India.
He also observed that a stronger India aligns well with US strategic interests. “As a key strategic global partner, a robust India benefits the US, especially in countering China’s influence in the Indo-Pacific region,” Kand said.
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