Budget readies India’s blueprint for AI, deeptech

thesame time, successin high-value technology exports and intellectual property creation can generate sustained foreign exchange earnings and position India as a global supplier of advanced solutions,” the person said.

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The govt views AI not as a standalone industry.

(ISTOCKPHOTO)

The government views Al notasstandalone industry, but something with the potential to enhance broad-based productivity and growth, the second official said, adding this priority will manifest in elevated research and development funding and targeted programme support.

“Thisisnot about quick fixes orone-year outcomes, Theidea isto startinitiatives that canrun for years and fundamentally change the growth trajector The focus is on making new-age technologies credible and scalable drivers of economic growthas India works towards its 2047 development goals,” the official said.

Key to this approach is India's Research, Development and Innovation (RDI) Fund, which hasan outlay of t1 trillion over six years till FY31. For FY26, the government has already set aside %20,000 crore as the initial tranche under the scheme.