Intentar ORO - Gratis
A deeper impact with deeptech
Financial Express Ahmedabad
|February 03, 2025
IT WAS INEVITABLE and it was necessary. At a time when the world's superpowers wage an AI war, the DeepSeek announcement came as a real shocker to India, despite its massive talent pool, burgeoning tech sector and growing digital ecosystem.
After all, AI is not merely a tool for convenience but a transformative force that will shape industries and solve critical challenges.
In this backdrop, the Union Budget's message is loud and clear: Let's not miss the bus. This year's fiscal exercise has reinforced India's ambition to emerge as a global technology powerhouse by driving AI, deep tech, and cutting-edge research. To begin with, the IndiaAI mission has seen an allocation of ₹2,000 crore, the endeavor being to strengthen the AI ecosystem and build a low-cost foundation model.
Other than that, several significant initiatives have been unveiled that present encouraging prospects for the technology and digital infrastructure sector. Industry leaders view them as a bold blueprint for a stronger Digital India, prioritizing technology-led development, AI-driven modernization, and inclusive economic growth.
"There is no doubt AI has the potential to transform every sector of the Indian society, from boardrooms to classrooms, commerce to communities, and finance to farmers. It is heartening to see the government's vision of building Viksit Bharat by 2047 with AI and technology," said Puneet Chandok, president, Microsoft India & South Asia.
"India must capitalize on AI opportunities and leverage its young and dynamic population to create a tech-forward workforce for India and for the world," he said in reference to the plans to establish a center of excellence for AI in education.
Esta historia es de la edición February 03, 2025 de Financial Express Ahmedabad.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Ahmedabad
Financial Express Ahmedabad
Iran vows to protect N-capabilities
IRAN'S SUPREME LEADER vowed Thursday in a defiant tone to protect the Islamic Republic’s nuclear and missile capabilities, which US President Donald Trump has sought to curtail through airstrikes and as part of a wider deal to cement the war’s shaky ceasefire.
1 min
May 01, 2026
Financial Express Ahmedabad
‘Transition towards green energy to progress steadily’
Hinduja Group is looking to invest $4 billion to expand its renewable energy capacity. In an interview, Deepak Thakur, managing director and CEO of Hinduja Renewables, speaks to Raghavendra Kamath about the company’s plans and the challenges in the renewable energy segment. Excerpts:
2 mins
May 01, 2026
Financial Express Ahmedabad
Households with dual LPG, PNG connections under govt scanner
THE GOVERNMENT IS identifying households with both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections as it enforces an order prohibiting dual ownership, aiming to curb misuse and better target subsidies.
1 mins
May 01, 2026
Financial Express Ahmedabad
Sebi brings fast-track mechanism for AIF launches
THE SECURITIES AND Exchange Board of India (Sebi) on Thursday rolled out a fast-track mechanism for processing private placement memoranda (PPMs) of alternative investment funds (AIFs), in an attempt to enable efficient capital deployment.
1 min
May 01, 2026
Financial Express Ahmedabad
HUL beats estimates with 21.4% jump in Q4 profit
FMCG MAJOR POSTS ₹2,992-CRORE NET PROFIT IN MARCH QUARTER
2 mins
May 01, 2026
Financial Express Ahmedabad
Scaling AI-insulated jobs is the real challenge: CEA
ARTIFICIAL INTELLIGENCE'S (AI) impact on IT sector jobs is only a small part of India’s broader employment challenge, with the country needing to generate millions of jobs annually in sectors less exposed to automation, Chief Economic Adviser V Anantha Nageswaran said on Thursday.
1 min
May 01, 2026
Financial Express Ahmedabad
Easier FDI rules soon for land-border countries
Gross FDI likely touched $90 bn in FY26
1 mins
May 01, 2026
Financial Express Ahmedabad
Adani Enterprises posts ₹221-cr loss
ADANI ENTERPRISES (AEL), the flagship firm of Adani Group, slipped into a loss in the fourth quarter, hurt by depreciation of its recently commissioned assets, including Navi Mumbaiairport.
1 min
May 01, 2026
Financial Express Ahmedabad
Investors lift India gold demand despite price surge in Q1
SHINING BRIGHT
2 mins
May 01, 2026
Financial Express Ahmedabad
‘Co-creation is an important focus area for us
A surge in fossil fuel prices following the war in Iran has begun to worry garment manufacturers, raising the prospect of higher production costs for global fast-fashion retailers such as H&M.
3 mins
May 01, 2026
Listen
Translate
Change font size
