Summary:

Under Prime Minister Narendra Modi's leadership, India is making rapid advances in artificial intelligence, ensuring accessibility for everyone. The IndiaAI Mission, with Rs. 10,300 crore (US$ 1.18 billion) in funding over five years, is developing high-performance computing with 18,693 GPUs and an open GPU marketplace. The government is also investing in indigenous AI, semiconductor manufacturing, and AI-powered Centres of Excellence in key sectors. India is fostering AI talent through a revised university curriculum, AI fellowships, and data labs in Tier 2 and 3 cities. It leads globally in AI talent penetration and thrives as a hub for AI startups. AI strengthens Digital Public Infrastructure (DPI), including UPI and DigiLocker. AI computing is subsidized at Rs. 100 per hour. AI investments are rising, with startup funding reaching Rs. 4,442 crore in Q2 FY25, aligning with Viksit Bharat 2047.

Source: IBEF (Link)

Disclaimer:

The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.