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The Silicon Review Asia

Should India Invest in Artificial Intelligence?

Should India Invest in Artificial Intelligence?

Recently according to reports, China has been pumping massive investments to attain global leadership in AI.  Further, investment up to 150 billion dollars would be made by 2030. China clearly knows the value of A.I. since it is spreading to various other verticals. Products and services based on these technologies are eventually being made. This innovative approach has even entered our daily life where we have seen it on our roads, houses and offices.

India is now part of this race where it has decided to join it with its nascent National Mission on Interdisciplinary Cyber-Physical Systems aka CPS. This CPS mission was initially announced at Tirupati at the Indian Science Congress in 2017 by the Prime Minister. After a year, a token amount was allocated at the Union Budget. Eventually, around 3,660 crore rupees is currently being poured in for the development on CPS in order to improve entrepreneurship, technology implementation, innovation and provide a space for those who really want to do something in this vertical. Innovative hubs are the only solution. So the mission, for now, will be administering the governing board at the inter-ministerial coordination panel and a scientific advisory committee. In other words, it will be a collaborative mission between the government, academics and development institutions.

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