City
Epaper

India can do to AI what China did to manufacturing: Bhavish Aggarwal

By IANS | Updated: July 14, 2024 20:55 IST

New Delhi, July 14 Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of ...

Open in App

New Delhi, July 14 Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China became in manufacturing.

In a post on social media platform X, Aggarwal said it will not "automatically happen unless we make it happen".

India has the largest number of developers in the world.

"It also has largest number of silicon designers in the world, largest amount of data in the world and largest IT services industry in the world," said Ola Electric CEO.

The India AI Mission has been approved with an outlay of Rs 10,372 crore and out of this, Rs 2,000 crore would be utilised towards supporting the Indian startup ecosystem to develop indigenous AI-based solutions. According to the latest IDC report, the spending on AI and Generative AI (GenAI) in India is projected to reach $6 billion by 2027, at a compound annual growth rate (CAGR) of 33.7 per cent.

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

International"If accepted by Hamas, it means immediate end to war itself": Trump on Gaza peace plan

InternationalWhite House releases please plan to end the Gaza conflict

Other SportsAbhishek Sharma shares flight celebration with mentor Yuvraj Singh after Asia Cup triumph

InternationalIndian High Commission in London strongly "condemns" vandalism of Mahatma Gandhi's statue at Tavistock Square

AurangabadBridge washout strands residents of Laxmi Colony

Technology Realted Stories

TechnologyTesla begins delivering Model Y in India, Long Range variant soon

TechnologyCrisil expects India’s GDP growth to remain steady at 6.5 pc, another rate cut this fiscal

TechnologyIndia to launch e-observer system for remote monitoring of fishing: Union Fisheries Secretary

TechnologyScience innovation accelerates development: MP Minister

TechnologyIIFT launches International Trade Negotiations programme for govt officials