Union Budget 2025: A Platform for India’s Growth Boosting Innovation and Global Competitiveness

Mumbai, India, February 5, 2025 - Xoriant, a leading digital engineering company under the ChrysCapital portfolio, commends the forward-looking initiatives outlined in the Union Budget 2025, which emphasizes fostering growth, accelerating innovation, and positioning India as a global leader in technology and digital transformation.

Commenting on the budget, Sourabh Jalan, Chief Financial Officer, Xoriant, said, "The Union Budget sets a bold vision for Viksit Bharat, fostering an ecosystem where innovation thrives, capital flows seamlessly, and businesses—smart-sized like ours—scale with agility. The establishment of five National Centers of Excellence for skilling, coupled with a ₹20,000 crore innovation push—including a Deep Tech Fund and ₹500 crore for AI CoEs in Education—strengthens India's position as a leader in AI and emerging technologies. The focus on Global Capability Centers (GCCs) in Tier-II cities is a pivotal move in India's journey to becoming a strategic hub for digital engineering. At Xoriant, we are excited to contribute to this vision—leveraging skilled talent and innovative tech to accelerate platform-led growth and drive transformative advancements.”

The budget’s emphasis on establishing a National Framework for Global Capability Centers (GCCs) is expected to strengthen India’s role as a preferred destination for global enterprises. Xoriant, with its deep expertise in platform engineering and digital transformation, is well-positioned to support this growth trajectory by enabling businesses to scale and innovate.

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About Xoriant
Xoriant is a Sunnyvale, CA headquartered digital engineering firm with offices in the USA, Europe, and Asia. From Tech Startups to Fortune 100 Enterprises, we enable innovation, accelerate time to market, and ensure client competitiveness across industries.
Across all our focus areas – platform engineering, cloud, data & and AI, and Security – every solution we develop benefits from our product engineering DNA and culture of innovation. It also includes successful methodologies, framework components, and accelerators for rapidly solving critical client challenges. For 30 years and counting, we have taken great pride in the long-lasting, deep relationships we have with our clients. For further information about Xoriant.