Current Affairs

Encouraged by the Government’s initiatives, the private sector is increasingly investing in AI in India

Encouraged by the Government’s initiatives, the private sector is increasingly investing in AI in India

India’s innovation ecosystem exhibits strong academic research output in AI and related deep technologies. In the Stanford Global AI Vibrancy 2025 report, India was ranked 3rd in the world for AI competitiveness and ecosystem vibrancy. India is also the second-largest contributor to GitHub AI projects, showcasing its vibrant developer community.

IndiaAI Mission:

In March 2024, Government of India launched IndiaAI mission with outlay of Rs 10,372 Cr for development of the overall AI ecosystem in the country. In less than 24 months, India AI Mission has set up a foundation for development of AI ecosystem in the country:

India is actively participating in shaping global debate on development, usage and safety of AI. India was the founder chair of Global Partnership on Artificial Intelligence (GPAI). India is hosting the India AI Impact Summit 2026 from 16–20th February 2026 at New Delhi. For the first time, the global AI summit series will take place in the Global South. The shift signals a broader move toward a more inclusive global AI dialogue.

Private Sector Investment in AI

Encouraged by the Government’s initiatives, the private sector is increasingly investing in AI in India. According to the Stanford AI Index Report 2025, India’s cumulative private investment in AI from 2013 to 2024 reached approximately $11.1 Billion.

Google has recently announced the establishment of an Artificial Intelligence (AI) Hub in Visakhapatnam (Vizag), Andhra Pradesh. This investment of approximately $15 Billion dollars marks Google’s largest investment in India to date.

Tata Group has announced a $11 Billion investment for an AI innovation city in Maharashtra.

A Research Symposium on “AI and its Impact” is being organized during the IndiaAI Impact Summit 2026 to bring AI research closer to real-world decision-making by connecting researchers, policymakers and practitioners.

The Government is strengthening talent development, startup support, and academia–industry collaboration to ensure research outcomes align with market needs.

Government envisions to significantly grow India’s share in the global space economy. Government is undertaking multiple policy measures and institutional reforms to grow India’s technological and commercial footprint in space technology:

The Government has taken following steps to boost funding and strengthen the Deep Tech sector:

As per the Economic Survey 2025-26, The Gross Expenditure on Research and Development (GERD) as a percentage of Gross Domestic Product (GDP) is 0.64 per cent. India’s ranking in the Global Innovation Index (GII) has risen significantly from 81st in 2015 to 38th in 2025.

Government has taken the following measures to create a conducive environment and spur investments in R&D:

Together, the ANRF, the national missions and the RDI Fund form a consolidated architecture for expanding India’s GERD.

This information was submitted by Minister of Electronics and Information Technology Shri Ashwini Vaishnaw in Lok Sabha on 11.02.2026

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