Information and Broadcasting Minister Ashwini Vaishnaw stated that India anticipates over two hundred billion dollars in AI investment over the next two years. Addressing a press conference on the India AI Impact Summit 2026 in New Delhi today, Mr. Vaishnaw said that the summit is receiving a significant response, with people coming from all over the country. He stated that India will work towards building consensus among global leaders on the proper and responsible use of AI, so that it can be utilized for the benefit of humanity. Mr. Vaishnaw highlighted that there are real difficulties and obstacles in the AI ecosystem that must be addressed through a techno-legal approach. He said that these challenges cannot be resolved merely through regulations or by passing a law alone.
Mr. Vaishnaw said that India is set to host a series of technical sessions, case discussions, and parallel policy dialogues focused on Artificial Intelligence during the summit. The Minister said that global leaders, technology experts, and policymakers will discuss the good, proper, and responsible use of AI. He emphasized that the government is focusing on reskilling, upskilling, and creating a new talent pipeline to prepare the workforce for emerging technologies.
The Minister noted that India has the potential to emerge as a global hub for semiconductor design. He said that the past year has been very encouraging for India's semiconductor mission. Emphasizing that design capabilities are the foundation of a strong semiconductor ecosystem, Mr. Vaishnaw said that design will be the primary focus for the next phase of this mission.
