When Artificial intelligence was first discussed in a workshop at Dartmouth College in 1956, nobody knew it could be the wheel of innovation for every industry in the next 70 years. In 1960s, AI entered India through the work of Professor H.N Mahabala and there was no looking back.

Today, In India, AI adoption is happening in sectors like banking, financial services, insurance (BFSI), automotive, tech, retail, healthcare, education, and whatnot. These industries alone contribute to a major part of India’s economy. According to a Nasscom report, artificial intelligence (AI) and the data utilization strategy adopted by the Indian government can add about $500 billion to India’s GDP by 2025.

India is on its way to becoming “AI Garage of World”, according to the NetApp report nations such as India, Singapore, the United Kingdom, and the United States are leading the charge on AI adoption and innovation.

The Digital India initiative has significantly boosted the development of AI technology in India. A notable effort by the Indian government to promote AI was the “AI for All” program, launched in 2018 as part of the National Strategy for Artificial Intelligence outlined in the NITI Aayog report. This initiative underscores India’s commitment to advancing AI.

Additionally, the Indian government introduced the National AI Portal with the support of MeitY and various industry partners. This platform disseminates information on AI advancements in India, relevant resources, upcoming projects, AI educational institutions, and AI-focused companies in the country. If the government maintains its dedication, not only AI but also other technologies like the Internet of Things (IoT) and big data will gain increased popularity.

Commenting on AI’s positive development, Manish Mohta, Director, Learning Spiral said, The incorporation of AI by 70% of companies in India is a positive development. It stands for a resolute dedication to efficiency, innovation, and global competitiveness. The use of AI has the potential to boost productivity, generate new job opportunities, and stimulate the economy, despite worries about how it may affect the working class. It’s critical to invest in reskilling and upskilling the workforce to make sure they are ready for the changing job market to reduce potential threats. India’s economy can become more dynamic and prosperous by adopting AI responsibly.

Is Unified Data Infrastructure Significant in Achieving AI Success in India?

Elucidating on the same, Manish expressed that “To succeed with AI in India, a unified data infrastructure is essential. Effective AI deployment requires seamless data integration, management, and accessibility, all of which are made possible by it. Businesses can obtain insights by utilizing advanced analytics and machine learning to integrate data from various sources into a logical framework. This infrastructure facilitates innovation, improves operational efficiency, and allows for real-time decision-making. A unified data system guarantees data consistency, security, and scalability for India, where 70% of businesses are using hybrid IT environments. This helps to propel AI initiatives and strengthen India’s position as a global player.”