Artificial Intelligence (AI) is the new internet. As the internet influenced our life and all industries, in the same way AI is also going to be the next change. AI is no longer a new technology or luxury but a necessity for us. India also joined the journey to develop AI. In this article, you will know the developments and future of AI in India.
India’s first experience with AI
The concept of Artificial Intelligence (AI) was first discussed in a workshop at Dartmouth college in 1956 which was guided by John McCarthy and Marvin Minsky. AI entered India through the works of professor H.N. Mahabala in the 1960s. Knowledge-Based Computing Systems (KBCS) created in 1986 by UNDP also paved way for India to focus on AI. It was the USA that was pioneering in the field of AI in the past few decades but India is taking efforts to extend its knowledge and research in AI.
R&D of AI in India
India takes major steps to promote AI in India. It funds the R&D projects. The Centre for Artificial Intelligence and Robotics (CAIR) and DRDO Laboratory work on various research projects related to AI with funding from the Government of India.
The Digital India initiative of the Indian government has added more fuel to the development of AI technology in India. A special initiative made by the Indian government to support AI was “AI for All” in 2018 by the National Strategy for Artificial Intelligence. This was released in the NITI Aayog report. This shows the interest shown by India in developing AI.
The National AI Portal was introduced by the Indian government with the support of MeitY along with other industrial support. These platforms share information about AI developments in India, related resources, future projects, AI educational institutes, and companies in India focusing on AI.
India in the future can become the “AI Garage of the World” if the Indian government continues its efforts to develop AI. Along with AI, other technologies that are gaining popularity are the Internet of Things (IoT) and big data.
Influence of tech giants on the development of AI in India
Major technological giants like Google, IBM, and Microsoft have invested heavily to develop India’s AI ecosystem. The AI accelerator in Bengaluru was launched by Google, whereas the AI Digital Labs were launched by Microsoft.
Influence of COVID-19 on AI
The COVID-19 pandemic has compelled companies to adopt digital technologies at a faster pace than before. Artificial intelligence (AI) plays the main role in this part, which helps to adopt more functional digital technologies.
The future of AI in India
New budding entrepreneurs and enterprises in India focusing on developing AI also have a greater future. The Indian government, along with the IT industries and educational institutions, are making innovation and research in the AI field possible. India also produces high-quality research publications in AI, and it is ranked third globally.
According to a Nasscom report, artificial intelligence (AI) and the data utilisation strategy adopted by the Indian government can add about $500 billion to India’s GDP by the year 2025.
If India adopts AI seriously and works towards it, by the financial year 2026-2027 it can achieve its $ 1 trillion GDP goal. Already many Indian enterprises have started their AI journey with rapidly scaled digitalization.
Influence of AI on various Indian industrial sectors
In India, AI adoption can happen in sectors like banking, financial services, and insurance (BFSI), consumer packaged goods (CPG), industrials and automotive, the retail sector, and healthcare. These industries alone contribute about 60% of the total $500 billion.
The healthcare sector is showing huge growth in the Indian economy. If AI is correctly applied in the healthcare sector, it can alone generate $ 25 billion by 2025.
65% of Indian organizations define their AI strategies either at the functional level or at the enterprise level. A total of 44% of businesses have a cross-functional or dedicated AI team structure. Other than that, about 25% of businesses concentrate on outsourcing their AI talent.
More AI techies in India
India has a good pool of technicians who are STEM (science, technology, engineering, and mathematics) graduates. They are going to play a great role when India moves further into the journey of AI. Countries all over the world will compete to hire the best technicians for AI.
Interest in India in the field of AI is increasing. This can be proved by the fact that India ranked first in the number of registrations made for the Artificial Intelligence (AI) Conference organized by Sberbank of Russia in collaboration with leading AI companies in Russia and worldwide.
The demand for technicians specializing in AI has grown over the years. There is a supply-demand gap, and steps had to be taken to fill this gap. More students should be trained in AI to fill this gap. Indian data strategists and AI specialists have high demand in the international market.
If you aim to become an AI techie yourself you should do courses in AI. You can also do your college studies in AI. If you live in Tamilnadu, there are only limited colleges available to study.
Search for the best colleges for artificial intelligence in Tamil Nadu. You will end up in some artificial intelligence colleges in Coimbatore, in that list, the top college is Karpagam Institute of Technology (KIT). KIT is the best B Tech artificial intelligence colleges in Coimbatore.
Artificial Intelligence (AI) products available in India
The Major Artificial Intelligence products that are functionary in India are listed below,
- Jugroo’s AI tool – to understand the learning gaps in students
- T-Aadab – AI-powered chatbot – Telangana State Tourism Development Corporation
- Wadhwani AI – Solution for farmers in Maharashtra to forecast climate change, wind conditions, soil composition, pests, etc.
- HDFS’s EVA chatbot
- Hindustan Unilever’s AI software Jarvis
- Infosys’s Nia – AI & machine learning platform
- Tech Mahindra’s GAiA platform
- L&T’s Mosaic Initiatives
With this pace of development of AI in India, sure India is going to be a world leader in Artificial Technology.