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Union minister Jitendra Singh has said that artificial intelligence, as one of the frontier technologies, is shaping India's present and future economy. He added that the country has started seeing impact of artificial intelligence across healthcare, agriculture, education, governance and financial services. Singh said that innovation ecosystem in India is providing companies new opportunities to create value, evolve and grow.

He said the COVID-19 pandemic has changed the rules of the game for ever. He said ‘We have been experiencing disruption in business models across industries. Digitization has provided an impetus especially to the startup ecosystem in India and it is radically transforming India by catapulting grassroots level innovation’.

India is at the pivotal point with the technologies shaping up for the future like artificial intelligence, advanced manufacturing, block chain, green energy and quantum computing, and is getting ready to make one of the biggest technology transformations of the century. Singh said the Department of Science & Technology (DST) has made concerted efforts in cultivating and promoting scientific temperament amongst the masses and is leading the innovation drive in the country.