India AI Mission: Ola CEO Bhavish Aggarwal Says India Can Become Global Leader in AI As China Became in Manufacturing
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.
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. Elon Musk Reveals Assassination Attempts on Him, Says Two Homicidal Maniacs Targeted Him in Recent Months (Watch Video).
Ola CEO Bhavish Aggarwal's Comment on India Revolutionising AI, Check Here:
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. PM Narendra Modi Becomes Most-Followed World Leader With 100 Million Followers on X, Says ‘Happy To Cherish Discussion, Constructive Criticism’.
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.
(The above story first appeared on LatestLY on Jul 15, 2024 08:24 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).