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India's Generative AI: Transforming Digital Economy



  Nov 08, 2023

India’s Embrace of Generative AI



Generative AI is emerging as a transformative force within India’s digital economy, with applications spanning education to healthcare. The Indian government recognizes its potential, underpinning the digital economy’s growth. The National Strategy for Artificial Intelligence outlines a research and adoption ecosystem for AI.
“Make AI in India and Make AI work for India” encapsulates the drive to create AI solutions that are inclusive and beneficial across sectors.

India’s National Program on Artificial Intelligence, endorsed by MeitY, and the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) further emphasize this commitment.
IIT Kharagpur’s Technology Innovation Hub stands as a testament to building AI expertise. While specific data on Generative AI employment isn’t available, AI-related employment is robust and growing, with the AI sector potentially adding USD 957 billion to India’s economy by 2035.

No specific regulations for Generative AI exist currently, but AI deployment is regulated under existing privacy, data protection, IP, and cybersecurity laws.

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