City
Epaper

Simonsson: India has innovation conditions, needs fewer barriers

By ANI | Updated: April 11, 2025 21:31 IST

New Delhi [India], April 11 : India's expanding role in the global AI race came into focus at the ...

Open in App

New Delhi [India], April 11 : India's expanding role in the global AI race came into focus at the Carnegie Global Technology Summit, where Jon Simonsson, Senior Director at the Prime Minister's Office of Sweden, praised the country's knowledge ecosystem while pointing to areas that could further accelerate innovation.

He highlighted India's encouraging conditions for innovation and its pool of talent, noting that more support for students and entrepreneurs could unlock even greater impact in high-tech sectors.

"India has a strong knowledge base. It is very much providing the right conditions for the people to innovate," Simonsson said, adding that while China benefits from a culture of developing new ideas, India shares this potential. "They need to make it easier for students and entrepreneurs to go this way and do things," he noted.

Financing, he added, remains key. "Some capital is needed as financing is also an important tool, but as more than 100 unicorns are based in India... startups can invest in these areas and do exactly how DeepSeek is doing."

His remarks aligned closely with domestic reflections on India's tech ecosystem. Lt. Gen. (Retd.) Raj Shukla, Member of the Union Public Service Commission, underscored that India's success in high-impact innovation, such as seen with DeepSeek, depends on removing regulatory obstacles. "At the heart of DeepSeek is algorithmic innovation which comes from talent... We need innovation, but innovations and regulations don't go together," Shukla said during the summit.

He added that while India has immense talent, it must be allowed to "take off," stressing that for innovation to thrive, the country "has to deregulate hugely." His remarks reflect a growing consensus among Indian policymakers and experts that regulatory streamlining is essential to fully harness the nation's deep reserves of tech talent and entrepreneurial ambition.

Throughout the summit, delegates focused on how India could emerge as a leader in deep learning and AI by not only leveraging its strong academic foundations and growing startup ecosystem, but also by building a freer, more adaptive innovation environmentone that encourages experimentation, investment, and sustained technological leadership.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIndia heading to become 3rd largest economy, Pakistan on brink of collapse

Other SportsIPL 2025: Hardik could've gone for three sixes too: Jayawardene defends giving 19th over to Chahar in loss to GT

BusinessIndia heading to become 3rd largest economy, Pakistan on brink of collapse

NationalIndia heading to become 3rd largest economy, Pakistan on brink of collapse

NationalOperation Sindoor: How India Crippled Pakistan-Based Terror Camps in 25 Minutes—9 Camps Destroyed, 90 Militants Eliminated

International Realted Stories

InternationalBLA claims responsibility for twin attacks killing 14 Pakistani soldiers in Balochistan

InternationalOperation Sindoor: Jaish-e-Mohammed Founder Masood Azhar's 10 Family Members Killed in Indian Strikes

International"Drone attacks destroyed administrative office of Mosque", say locals in Pakistan's Muridke after Operation Sindoor

InternationalOver 70 terrorists killed in Operation Sindoor as India strikes terror bases in Pak, PoK

InternationalFS Vikram Misri highlights Pakistan's role in removing TRF's name from UNSC's press statement