How Viksit Bharat is tightrope dancing with Big Tech
Subscribe to enjoy similar stories. India’s growing prominence on the global tech stage is attracting industry heavyweights, though not without friction. The country’s IT sector is globally renowned not just for its scale but also for its deep expertise in computer science.
"Very few countries in the world have this natural resource," said Jensen Huang, Nvidia's founder and CEO, during a recent fireside chat with Mukesh Ambani, chairman and managing director of Reliance Industries Ltd. (RIL), in Mumbai. Huang’s excitement reflects his belief that India offers a huge market for Nvidia’s chips, which will power the country’s artificial intelligence (AI) ambitions—and, of course, enhance Nvidia’s shareholder value.
Ambani echoed Huang’s optimism, underscoring India’s rise as an innovation hub, fuelled by world-class digital infrastructure, second only to the US and China. “India is fast becoming an innovation hub for the world," Ambani said, emphasizing that partnerships with firms like Nvidia and Meta will help develop a skilled workforce capable of delivering AI services globally, making the world "a better place." Both leaders also acknowledged the pivotal role of Prime Minister Narendra Modi in driving AI adoption and transforming India into a premier digital society. India’s leadership is reflected in its role as a founding member and 2023-24 Lead Chair of the Global Partnership on Artificial Intelligence (GPAI).
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