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Inside India’s grand artificial intelligence plan to add $967 billion to economy

From designing AI chipsets to developing applications in agriculture and health, a government-appointed group of experts have come out with a strategy to help boost India in the AI race

October 18, 2023 / 17:18 IST
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AI has become a top priority on policy agendas worldwide, as it has the power to foster innovation, generate employment opportunities, and contribute to growth

The Indian government aims to harness the potential of Artificial Intelligence (AI), which can add $967 billion to the economy over the next decade, but faces a tightrope walk in drafting legislation for a rapidly evolving domain. It is trying to set the guardrails for the sector in a forthcoming Bill.

Earlier this year, the government created seven committees of experts to come out with a comprehensive roadmap for a policy push to AI. Last week, the panel came out with a 180-page report.

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Here are the 10 most important recommendations made in the report:

 Three AI centres of excellence