Vishnu R. Dusad, chief executive of Nucleus Software, said there were no major sops announced for the software product industry.

He said the government must understand that incentives to this segment of the industry will result in an exponential leap in exports. “It will place India in an unshakable position on the world software product stage,” said Mr. Dusad. Experts said the Union Budget has made the announcements which were >already a part of Prime Minister Narendra Modi's 'Startup India' vision. But it has announced no fresh sops for the start-up industry.

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