Archive · 23 Jan 2026
India Advances in AI and Innovation
India is making big progress in artificial intelligence (AI) and is now seen as advanced as the United States and China.
The country is working on all parts of AI, including how it's used, the models, the chips that make them work, the data centers that store them, and the energy that powers everything.
India is also building its first Innovation City near Mumbai, with Tata Sons investing $11 billion.
This city will bring global innovation ecosystems to India and make Mumbai a hub for easy access to an innovation system.
Many leaders and experts talked about these things at a big meeting in Davos, Switzerland.
They also discussed how AI will generate a lot of economic value and create jobs.
India is focusing on making AI affordable and accessible to everyone, not just big tech companies.
India is now grouped with the US and China in AI development, according to Union Minister Ashwini Vaishnaw.
India ranks 3rd in AI preparedness and 2nd in AI talent base, working on all five layers of AI architecture.
India aims to be the biggest supplier of AI services to enterprises worldwide.
Maharashtra is set to build its first 'Innovation City' near Mumbai, with Tata Sons committing $11 billion to the project.
India's AI adoption is projected to generate $1.7 trillion in economic value by 2035, according to a KPMG report.
- Who
- Union Minister Ashwini Vaishnaw, Maharashtra Chief Minister Devendra Fadnavis, Tata Sons, KPMG, IBM, Amazon, Microsoft, OpenAI
- What
- India's advancements in AI and the announcement of the first Innovation City near Mumbai
- When
- During the World Economic Forum in Davos, Switzerland
- Where
- Davos, Switzerland
- Why
- To highlight India's progress in AI and its significant contributions to global economic and technological development
- Innovation City
- First of its kind near Mumbai, funded by Tata Sons with $11 billion
- AI Layers
- Applications, models, chips, data centers, energy
- AI Model Parameters
- 95% of work can be done with models using 20-50 billion parameters
- AI Economic Impact
- Projected to generate $1.7 trillion in economic value by 2035
- AI Talent Base
- Over 6 million people employed in the technology and AI ecosystem
- AI Infrastructure
- 38,000 GPUs deployed under the IndiaAI Mission
- AI Regulation
- Techno-legal approach advocated by Ashwini Vaishnaw
- AI Adoption
- 89% of new startups in 2024 leveraged AI
Sources
India On Par With US, China On AI: Vaishnaw
India Shifts From 'Emerging' To 'Pivotal' Global Player: Gujarat Deputy CM & Union Minister At Davos
Davos 2026: With rail, power, data centres booming, can infrastructure anchor India’s next growth hub?
India No Longer ‘Emerging’, Now A Pivotal Global Economic Force: Indian Ministers At WEF Davos
Maharashtra Govt To Build India's First Innovation City Near Mumbai; Tata Sons Commits $11 Billion
Energy and chips: Ashwini Vaishnaw outlines India's five-layer AI mission
In Davos, tech execs sound more bullish than ever. Four things we learned about AI.
'India's AI Adoption To Generate $1.7 Trillion In Economic Value By 2035: Report
SARC Davos Dialogue 2026: Day Two Focuses On Global Interdependence, Sanctions, and Shadow Economy
Davos 2026: Google’s James Manyika warns about digital divide turning into AI divide
'It Was The Moderator': IMF Chief Clears Air On AI Rank Row With Ashwini Vaishnaw
India's passport to global leadership: Tarun Das, former Director General, CII
Global Companies Signal Strong Confidence In India At Davos: Ashwini Vaishnaw
India emerging as global power hub with huge growth potential: Global experts at Davos
