AI Summit 2026: India Expects $200 Billion Investment Over Two Years, Says Ashwini Vaishnaw

India is poised to attract significant investments in artificial intelligence, with Union Minister Ashwini Vaishnaw announcing expected commitments of $200 billion over the next two years, particularly in the AI infrastructure sector. With $90 billion already pledged, the country is gearing up for the AI Impact Summit, which aims to showcase India's potential as a global hub for AI innovation. The government's focus on AI development aligns with its broader Digital India initiative, which seeks to leverage technology for economic growth and improved public services. Vaishnaw emphasized that these investments not only reflect confidence in India's technological capabilities but also indicate a growing international interest in collaborating with Indian firms. The upcoming summit is anticipated to attract global tech leaders, fostering discussions around AI advancements and their implications for various sectors, including healthcare, education, and manufacturing. As India steps into a leadership role in AI, the investments are expected to create numerous job opportunities and enhance the country's competitive edge on the global stage.
Originally reported by NDTV Profit. Read original article
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