Union Minister of Commerce and Industry Shri Piyush Goyal said that if India aspires to be a developed nation by 2047, AI will help the country reach that destination and bring prosperity to every citizen. He was addressing the 3rd edition of the Global AI Summit & Awards.

Quoting Prime Minister Modi, “Any society which does not innovate, stagnates”, Shri Goyal said AI would truly be a catalyst in India’s development journey. He said that ‘The Make in India program, when juxtaposed with AI technology, will enable India to become the factory of the world providing both equipment and technology to the world. He noted that the huge talent pool available in the country would definitely help in exploring newer ways to take AI in every sector of economic activity. The Minister appreciated the Department of Science and Technology for their wonderful work in supporting the efforts of the scientific community of the country over the years, particularly during the challenging times of Covid.

Shri Goyal said that the Government is using AI to redefine how it works. He cited the example of the Unified Logistics Interface Platform (ULIP), which is leveraging AI to improve the entire logistics ecosystem of the country. Similarly, initiatives like PM Gatishakti National Master Plan, which aims at developing our infrastructure smarter; ONDC, which aims at democratizing E-commerce, GeM, which has made a significant impact on government procurement – all these are leveraging AI to bring efficiency and better delivery of services.

Elaborating on the use of AI, Shri Goyal said that ‘Pradhan Mantri Garib Kalyan Anna Yojana’, a major initiative of the Government that was launched during the covid pandemic to provide additional food security to over 80 crore people, is also using AI during many ways – to help understand the needs and behavior patterns of beneficiaries and get feedback about the performance of the Fair Price Shops.

Shri Goyal remarked that the AI revolution is here to stay and added that with the meaningful contribution by Industry, startups, incubators and academia, India would emerge as the hub of the artificial intelligence revolution worldwide. He urged young minds to inculcate the spirit of inquiry and start thinking of ways AI technologies can be harnessed to bring prosperity to our daily lives. He asked them to explore how AI can play a crucial role in empowering the lives of farmers, fishermen and the MSME sector.

The third AI Summit has been organized by AICRA and focuses on the areas of defense, healthcare, agriculture, smart cities, mobility and education in partnership with the Government.

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