India Will Lead in AI Technology,Says PM Modi

Ira Singh
Khabar Khabaron Ki,22 Mar’24

Prime Minister Narendra Modi on Wednesday while addressing entrepreneurs at the third and final day of the Startup Mahakumbh event,expressed his confidence in India’s potential to lead the way in artificial intelligence (AI) technology. He urged startups to capitalize on this burgeoning field, signaling a strategic push towards harnessing AI for national development and global competitiveness.

“We are in a new age of AI technology and today the world accepts that India will have an upper hand in AI,” Modi reportedly quoted as saying. Now this is our job, not let this opportunity go,”he added

PM Modi further informed that he has been extensively using artificial intelligence technology in the ongoing Lok Sabha election campaigns. “I am taking a lot of help from AI these days because there are language barriers in election campaigns,” he said.

Modi said India has emerged as the third largest startup ecosystem in the world. The number of startups in India has surged to 1.25 lakh from less than 100 in 2014. The Prime Minister further added that around 12 lakh youth are directly involved in startups.

PM Modi further highlighted the burgeoning startup revolution in India, emphasizing that it is not limited to metropolitan areas but is flourishing in small cities as well. He noted that startups in various sectors such as agriculture, textiles, medicine, transport, space technology, yoga, and Ayurveda are driving innovation and economic growth across the country. Elaborating on space startups, Modi said that Indian startups are working in more than 50 areas in the space sector, including the launch of the space shuttle.

The three-day Startup Mahakumbh event, which kicked off on March 18, was organised by industry bodies Assocham, Nasscom, Bootstrap Incubation and Advisory Foundation, TiE and Indian Venture and Alternate Capital Association.