India’s Rising Role in Global AI Investments and Technological Advancements

Current Affairs International Issues

Posted by newadmin on 2025-04-07 08:48:46 |

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India has emerged as a significant player in the field of Artificial Intelligence (AI), recently ranking 36th on the UNCTAD Frontier Technologies Readiness Index, up from 48th in 2022. This growth highlights India’s increasing technological readiness, driven by improved human capital, access to research and development, and industrial capacity. Despite challenges in ICT infrastructure, where India ranks 99th, the country has made substantial progress in AI, securing the 3rd position globally for R&D.

In the global AI investment landscape, India stands 10th, with $1.4 billion in AI funding. However, the U.S. leads the charge, accounting for 70% of global AI investments, followed by China at $7.8 billion. The rise of AI has profound implications for global job markets, with projections indicating it could affect up to 40% of global employment by 2033. This underscores the need for reskilling and upskilling initiatives to mitigate potential job displacement.

India’s government has played a crucial role in fostering AI development through collaborations with the private sector and academia. Initiatives like the India AI Mission aim to boost the nation’s AI ecosystem, increase access to education, and promote technological innovation. As AI continues to shape industries, India must continue to innovate and invest to ensure it remains competitive on the global stage.

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