Disclosure: What is the Future of Artificial Intelligence in India?

Analytics Insight analyses what the future holds of Artificial Intelligence in India

The world knows that Artificial Intelligence is creating a massive shift in the technology field as well as the lives of citizens across the world. The continuous emergence of AI models has successfully accelerated productivity and enhanced customer engagement in the cut-throat competitive market. Multiple industries and companies along with the government have started adopting AI models to provide freedom to employees from mundane tasks through automated services. India is one of the developing countries that has started allocating budgets for implementing Artificial Intelligence projects. India is set to use ground-breaking technologies for better productivity and earn revenue in the nearby future.

Reputed tech companies, especially from Silicon Valley, have realized the potential of India's digital footprint and have started developing branches here. Educational institutions have started offering a Bachelor's or Master's degree in Artificial Intelligence and machine learning courses to train students for developing more AI models and robots for the country. There are developments towards technical infrastructures in potential areas to attract R&D teams for different projects. There are advents of AI-based start-ups for different industries— EdTech, Agtech, and so on.

Though there are challenges in bringing AI projects efficiently and effectively in India such as a handful number of AI researchers and scientists, less awareness regarding upcoming innovations, digital divide, resistance to change, as well as lack of infrastructures. But, India is taking initiatives to overcome these barriers and gradually move forward to be in the AI race.  Let's dig deep into what is the future of Artificial Intelligence in India. India has already been named as the eighth country in the top ten list by AI patent families on a global level. The Government of India launched a national policy on Artificial Intelligence known as National Strategy for Artificial Intelligence #AIforAll in June 2018. It mentioned that India will focus on AI models and R&D on healthcare, agriculture, education, urban or smart city, and transportation. The Government of India announced that US$477 million would be required for Digital India for more innovations and R&D on Artificial Intelligence and the completion of the MCA 21 project with Rs.357.81 crore.

There is also an official program known as AI Gamechangers that is focused on driving Artificial Intelligence models in India. It is one of the strategic pillars of NASSCOM's AI for India mission. There are advents of new AI-based start-ups in India and are expected to hit 100 by 2025. It is due to a massive rise in supporting hardware for disruptive technologies. NITI Aayog has created an introduction to the roadmap and the Government of India's mission to build the AI sector in the nation to assist in developing economically with the fastest adoption among the industry sector. The Government has started approving AI-based start-ups in Bengaluru, Hyderabad, Pune, Mumbai, and New Delhi to cater to customers efficiently and effectively. It is expected that AI models will start showing improvements and functionalities by 2025 in India. Indian citizens will experience more smart cities, AI managing busy traffics, violations, healthcare, and many more. For the future of Artificial Intelligence to be feasible, the country needs AI talent and a sufficient budget from the Government. It is anticipated to receive much more help from Artificial Intelligence and partnerships with reputed companies. We hope to see the elimination of the digital divide from India in the nearby future.