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India uniquely placed to benefit from breakthroughs in AI: Indian CG, Shanghai

Economic Times · 1d

India, as a rising IT superpower, is uniquely positioned to benefit from AI breakthroughs, according to Pratik Mathur, India's Consul General in Shanghai. Speaking at a business forum, Mathur highlighted India's significant demographic advantage, and its economic growth potential, predicting it will become the third-largest economy by 2047. Government initiatives like 'Make in India' have spurred industrial growth, making India the second-largest mobile phone manufacturer, with ongoing indigenisation efforts enhancing various sectors.