Moneycontrol PRO
Swing Trading 101
Swing Trading 101

Can India lead the AI race? Here’s PM Modi’s vision at India Summit

Highlighting India’s rapid technological growth, the PM says the country both develops and adopts new technologies at an unprecedented pace.

February 19, 2026 / 11:46 IST
PM Modi at AI Summit

Prime Minister Narendra Modi on Thursday said India sees a strong future in Artificial Intelligence (AI).

He was addressing a gathering at India AI Impact Summit comprising world leaders such as French President Emmanuel Macron, Spanish President Pedro Sánchez Pérez-Castejón, and Sri Lankan President Anura Kumara Dissanayake, along with senior tech executives such as OpenAI CEO Sam Altman, Google DeepMind CEO Dennis Hassabis, and Reliance Industries Limited, chairman and managing director, Mukesh Ambani.

“India sees a strong future in AI. We have talent, energy capacity, and policy clarity. I am pleased to inform you all that at this summit, three Indian companies have launched their AI models and apps. These models showcase the talent of our youth...I invite you all to design and develop in India, deliver to the world, humanity,” he said.

The PM called on innovators to design and develop in India and deliver solutions to the world and humanity. He also said India is a natural hub for affordable and scalable solutions. "Some people fear AI, some see the future in it. India sees future in AI," he said.

PM Modi said AI must serve as a “multiplier” of human potential rather than become a monopoly controlled by a few. “This is India’s human vision for the AI-led 21st century world,” he said.

Highlighting India’s rapid technological growth, the PM said the country both develops and adopts new technologies at an unprecedented pace.

Describing the AI Impact Summit as the largest and most historic gathering on artificial intelligence, he added that the strong participation of young innovators and students instilled fresh confidence about India’s digital future.

“The AI model that succeeds in India can be deployed globally. India has diversity, demography, democracy,” he said.

He also unveiled India’s MANAV Vision for AI, which he said will become a crucial link towards the welfare of humanity. The Vision encompasses moral and ethical systems, accountable governance and national sovereignty. He also hailed the solutions proposed at the Summit as an “example of the strength of Made in India’s initiative as well as the country’s innovative capabilities".

Moneycontrol News
first published: Feb 19, 2026 11:41 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347