Intentar ORO - Gratis
Indian Market Has a Cost Advantage, Need to Solve India-Specific Issues
Mint Kolkata
|March 05, 2025
Speakers at the Mint AI Summit 2025 said India's market can be a test case for AI solutions for the entire world
A panel of top artificial intelligence (AI) leaders in India said making the technology in the most populous country can aid in creating it for the world as such models are relatively easy to scale up.
Manish Gupta, senior director, Google DeepMind, indicated that developing AI models in India would make the models robust, as they would work for a large and diverse population.
"Google started its AI research lab in India about five and a half years ago. So, we consciously picked this theme of 'inclusive AI'...How do we develop AI in a manner that benefits everyone. And we saw huge gaps in capabilities of our own models. For instance, in languages like English versus so many languages spoken in India. I look at all the challenges in India as a source of competitive advantage," said Gupta.
Echoing the sentiment, Geetha Manjunath, chief executive officer (CEO) and founder, Niramai Health Analytix said the Indian "jugaad" method has a considerable cost advantage over developing AI in other jurisdictions.
"We know there are a lot of problems in India, and that is good. Because necessity is the mother of innovation. What you do in a jugaad way to save costs and develop high-quality products with limited resources will definitely be useful to the rest of the world.
Because we want to save costs everywhere, be it the UK's healthcare costs for the NHS, or be it mediclaim-medicare costs in the US, reducing costs is always good. So we can develop for India," said Manjunath.
Jugaad refers to an innovative way of improvising to complete any task.
Esta historia es de la edición March 05, 2025 de Mint Kolkata.
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 Mint Kolkata

Mint Kolkata
Arsenal's time might be this season: Michael Owen
The former England and Liverpool player on how the game has changed, Premier League predictions, and the Ballon d'Or
5 mins
October 11, 2025

Mint Kolkata
UPI AutoPay’s endless woes forcing an industry rethink
55-90% of automated payments on UPI AutoPay didn’t go through in Aug, NPCI data shows
2 mins
October 11, 2025
Mint Kolkata
Prosus buys 10% stake in Ixigo parent for ₹1,295 cr
Travel tech platform Ixigo has sold a 10% stake in the company to Dutch investor Prosus for ₹1,295 crore, which it plans to use primarily for investing in artificial intelligence, expanding its hotel business, and acquisitions.
1 min
October 11, 2025
Mint Kolkata
Norms for hazardous chemicals tightened
The government has overhauled more than four-decade-old safety codes that govern the production, handling, and storage of hazardous chemicals, as it seeks to bolster industrial safety and prevent chemical-related mishaps in India.
1 min
October 11, 2025
Mint Kolkata
Silver to stay hot as supply thins amid buyer frenzy
Demand for silver has soared on the back of rising industrial use and investor frenzy, but supply remains constrained.
1 min
October 11, 2025

Mint Kolkata
CaratLane is reshaping the jewellery world
CaratLane has become a household name in fine jewellery. Its recently launched CaratLane Gulnaara, a 73-faceted solitaire crafted for exceptional brilliance is a cut above the rest.
2 mins
October 11, 2025

Mint Kolkata
Investors aren't too excited about TCS's biggest bet
“We are on a journey to become the world’s largest artificial intelligence (AI)-led technology services company,” said Tata Consultancy Services (TCS) Ltd’s chief executive K. Krithivasan in prepared remarks on Thursday after announcing it will spend over $6 billion in about six years to set up data centres.
2 mins
October 11, 2025

Mint Kolkata
Science at the political table
'The Man who Fed India' is a diligent record of India's most impactful agriculture scientist, M.S. Swaminathan
5 mins
October 11, 2025

Mint Kolkata
Inside Mumbai's first crying club
The club seeks to create a safe space where adults can experience the catharsis of weeping with company
4 mins
October 11, 2025

Mint Kolkata
Silver to stay hot as supply thins amid buying frenzy
New mines can’t help, either, Exploring and developing new mines typically takes several years.
1 mins
October 11, 2025
Listen
Translate
Change font size