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ARTICLE · 27 OCTOBER 2023

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India AI Report 2023

Khaitan & Co.
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On 14 October 2023, the Ministry of Electronics and Information Technology (MeitY) published the IndiaAI Report 2023 (Report). The Report is a collaboration of seven working groups...

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On 14 October 2023, the Ministry of Electronics and Information Technology (MeitY) published the IndiaAI Report 2023 (Report). The Report is a collaboration of seven working groups which provided practical considerations and recommendations on India's artificial intelligence (AI) ecosystem. The aim is to make 'governance smarter and more data-led'. According to the Report, AI is expected to add USD 967 billion to the Indian economy by 2035 and USD 450–500 billion to India's GDP by 2025 (10% of the country's USD 5 trillion GDP target). The Report builds upon the already existing initiatives such as the Draft National Data Governance Policy 2022, to augment a nationwide AI ecosystem.

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