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

In a recent social media post, OLA's CEO stated his thoughts on the future of AI in the Indian market. He stated that India has the talent and potential to be be the AI leader just like China, but it will take effort to make it happen.

Edited By: Saumya Nigam @snigam04 New Delhi Published on: July 15, 2024 12:06 IST
Bhavish Aggarwal
Image Source : REUTERS Bhavish Aggarwal

Bhavish Aggarwal, Ola Founder and CEO has recently stated that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) just the way China became in manufacturing.

He stated the same via a post on social media platform X, where Aggarwal mentioned that it will not "automatically happen unless we make it happen".

He claimed that 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 the CEO of Ola Electric.

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.

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Human-centric mobile artificial intelligence (AI) is the future and open collaboration among the industry and a distinct approach to hybrid AI is the only way to achieve the best possible mobile AI experience for users. Experts said that it is not enough to just innovate for good but it is equally essential to do so with all responsibly, they emphasised during an AI session which took place in Paris.

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If you are Airtel SIM users then you must be aware of the hike in tariffs of the existing plans, which got implimented from July 3 onward. Airtel has increased the prices of its data plans by up to Rs 60. The affected data packs include those priced at Rs 79, Rs 181, and Rs 301.

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Inputs from IANS

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