Defense Business and Industry

India's AI Ambitions: $1.25B Investment to Boost Innovation

India’s IT-BPM sector, valued at $194 billion, is set to leverage generative AI to enhance productivity by 20-35%, potentially generating $50-70 billion in high-value services by 2030. The government’s IndiaAI Mission includes a $1.25 billion investment for infrastructure, aiming for over 18,000 GPU installations by 2026 to foster domestic AI innovation. Initiatives like the IndiaAI Innovation Fund and projects focusing on Indic languages are expected to bridge investment gaps and enhance grassroots innovation. Additionally, India’s dominance in chip design and plans for an open-source AI framework underscore its ambition to establish itself as a key AI partner to the Global South, thereby ensuring technological sovereignty and economic growth.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Enable Notifications OK No thanks