Sitharaman: Invest in AI Infrastructure for India

Business Standard · business

Finance Minister Nirmala Sitharaman stated that India's next major investment should focus on artificial intelligence (AI) infrastructure. She believes the country needs more investment in hardware and teachers for institutions to impart AI knowledge, despite global calls to slow AI development due to potential risks. Sitharaman emphasized that Indian MSMEs require AI solutions to boost productivity and compete globally. She also addressed the perception that India lags in AI, noting that more listed companies would signal progress.