Introduction
India is well-positioned to capitalise on the growth and transformative potential of artificial intelligence ("AI"). With over six million people employed across the technology and AI ecosystem, over USD 1.1 billion in proposed Government investment, and a projected economic contribution of USD 1.7 trillion by 20351, India is poised to become a key driver in the global AI economy. At the same time, regulatory oversight is increasingly viewed as necessary to address concerns relating to transparency, accountability, bias, data privacy, cybersecurity, and consumer protection. The challenge for policymakers, therefore, lies in achieving a balance between fostering innovation and promoting responsible AI deployment.