Why AI could finally make India a product nation – The Economic Times

The Economic Times


Every major technology revolution of the past half-century – from semiconductors and PCs to the internet and smartphones – followed a familiar pattern for India. The breakthroughs occurred elsewhere, and India adopted them later. While India built a globally competitive IT services industry, it did not shape the underlying technologies themselves. AI offers India a rare opportunity to change that trajectory – not merely to adopt a transformative technology but to help define it to shape its destiny.

India enters the AI era with structural advantages that few nations possess. The country has built one of the world’s most sophisticated digital public infrastructures in Aadhaar, UPI and affordable mobile data, which have been complemented by India Semiconductor Mission. With its semiconductor design talent and renewed focus on chip innovation, India is now better positioned than ever to build full stack sovereign AI capabilities. Together, these initiatives have created a powerful technological backbone that uniquely positions India to develop, deploy and scale AI at population level.

India also possesses one of the world’s largest pools of technical talent, and one of its most dynamic startup ecosystems. Engineers and entrepreneurs are already playing leadership roles across the global technology industry. Its vast domestic market provides a powerful environment to develop, test and scale AI solutions that can serve both national needs and global markets.

The most immediate impact of AI in India will be felt in sectors critical to national development. In agriculture, AI can help farmers improve productivity through better crop selection, weather forecasting and resource optimisation. This can enhance farmer incomes while strengthening food security.

In healthcare, AI can help bridge India’s shortage of medical professionals by enabling remote consultation, early diagnosis and preventive care. AI-powered tools can bring high-quality healthcare to rural and underserved populations. In education, the tech can enable personalised learning tailored to individual student needs, improving outcomes and expanding access to quality education. For SMEs, AI can provide powerful tools to improve efficiency, expand market reach and compete more effectively.

But AI also presents a structural challenge. India’s rise as a global technology hub was driven largely by IT services and BPOs. AI systems are now capable of automating many routine tasks that once required human intervention. This makes it imperative for India to move beyond services and toward leadership in AI products, platforms and intellectual property. The next gen of globally significant tech companies will be built on AI. India must ensure that many of them are built in India.