06-11-2023 02:08 PM | Source: Accord Fintech
India to be global leader in AI: Commerce Minister Piyush Goyal

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Reiterating India's commitment to embracing disruptive technologies, particularly AI, Union Minister of Commerce & Industry, Piyush Goyal has said that Artificial Intelligence (AI) is a powerful tool to fight poverty, deliver goods and services to remote areas, and reskill the workforce for the future. 

Union Minister also recognized India's role as a global leader in AI and noted the nation's growing recognition in the international startup ecosystem. He underlined that India's strengths lie in its large, youthful population, vast data resources, and an entrepreneurial culture.

Further, the Minister encouraged Indian startups to be ambitious, welcome innovation, and address the challenges that lie ahead. He mentioned that while India has some catching up to do, the country's enthusiasm for AI is undeterred. He said that India's future lies in its commitment to innovation and reskilling to leverage AI for economic growth.

Goyal also expressed hope that India's thriving startup ecosystem will eventually become the largest in the world, provided that the youth continue to believe in big, audacious goals. He shared his confidence that India's entrepreneurial spirit will drive the nation toward a brighter future, marked by innovation, creativity, and prosperity.