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Investment pledges light up AI Impact Summit on Day 2

Mint Mumbai

|

February 18, 2026

A flurry of investment announcements reframed the India AI Impact Summit 2026 as a high-stakes capital story on Tuesday, a day after a glitchy start to the landmark event.

- Jatin Grover & Shouvik Das

Investment pledges light up AI Impact Summit on Day 2

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Union IT minister Ashwini Vaishnaw said Indian private startups are projecting as much as $200 billion of investments in artificial intelligence (AI) infrastructure over the next two years, alongside $17 billion in deep-tech funding, driven by interest from global investors and companies participating in the Summit.

“As we go forward, the confidence that the world has on India is going to grow. The Big Tech firms are looking at India as a trusted destination for engineering solutions and engineering innovation,” Vaishnaw said.

Venture funds, semiconductor majors, and domestic conglomerates followed with fresh commitments, signalling that investor appetite for India’s AI ambitions remains strong.

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