Powered by: Motilal Oswal
2025-02-01 12:14:54 pm | Source: IGI Editorial
Technology and AI: Driving Digital Transformation
Technology and AI: Driving Digital Transformation

In a world that's rapidly shifting towards AI and automation, India is positioning itself at the forefront of this transformation.

*Key Announcements:*
- ?10,000 crore allocation for AI skilling and research to foster expertise in emerging technologies like AI, cybersecurity, and robotics.
- Tax incentives for startups in deep-tech fields such as quantum computing, blockchain, and AI-driven automation.
- Expansion of Digital Public Infrastructure (DPI) to provide the backbone for fintech, healthcare, and smart cities.
- Production-linked incentives (PLI) for semiconductor manufacturing, bolstering India’s self-reliance in chip production.

*Sectoral Impact:*
- *AI-driven startups* are set to experience explosive growth as India becomes a global leader in AI research and innovation.
- The demand for highly skilled professionals in AI, data science, and software development is set to soar.
- India strengthens its position in the *global semiconductor supply chain*, moving towards technological self-sufficiency.
 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here