Sitharaman Says AI, Semiconductors, and Quantum Computing Will Attract More Investments
Headline by Prism · from 1 report
Finance Minister Nirmala Sitharaman states that India's focus on AI, semiconductors, and quantum computing will attract significant future investment.
Deccan HeraldThe brief
Written by software from the 1 report below.
- Finance Minister Nirmala Sitharaman identified Artificial Intelligence, semiconductors, and quantum computing as the next critical infrastructure frontiers for India.
- She argued that international metrics based on stock market listings fail to accurately reflect the true success of India's AI startup ecosystem.
- The minister encouraged startups to pursue public listings while noting the role of these technologies in improving manufacturing productivity.
- She also emphasized that India can achieve over 10% economic growth through sustained effort and collaboration across all sectors.
Who said what
3 quotes · 1 outlet
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Nirmala Sitharaman
Union Finance Minister
2 quotes · 1 outlet
“Multiple international publications opine in their editorials that ‘India has missed the AI bus’. However, I think it is mostly because a lot of AI-based startups don’t list themselves, maybe because they feel it will lead to several regulations”
In the article
…AI success based on fewer companies listing themselves on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). .AI camera mistakes guitar for pillion rider in Bengaluru, issues Rs 500 helmet fine .“ Multiple international publications opine in their editorials that ‘India has missed the AI bus’. However, I think it is mostly because a lot of AI-based startups don’t list themselves, maybe because they feel it will lead to several regulations ,” Sitharaman said, adding that listing also comes with a lot of benefits and more startups should list themselves. Further, Sitharaman added that several Indian AI startups are doing well and many have even turned…
“We have too many naysayers. We have too many people who have vicarious pleasure being derived if India fails. We really cannot afford that. We need to nudge these people to think positively”
In the article
…collaboration to turn talent, technology, and innovation into growth. Sitharaman emphasised the need to overcome cynicism and "nudge" people to think positively and recognise developments taking place on the ground. " We have too many naysayers. We have too many people who have vicarious pleasure being derived if India fails. We really cannot afford that. We need to nudge these people to think positively ," she said. Highlighting the Union government’s outlook on economic development, she said that early on, eight core strategic sectors were picked, in which private capital was not allowed to enter earlier. “We opened…
Pralhad Joshi
Union Education Minister
1 quote · 1 outlet
“India’s electricity generation capacity has grown from 249 GW in 2014 to 552 GW today, including around 310 GW of non-fossil capacity, while the grid has recently managed a peak demand of 281 GW, with nearly one-third met through renewable energy.”
In the article
…present, which has given us results,” Sitharaman said. Earlier in the day, delivering the special address at the event, Union Education Minister Pralhad Joshi spoke about India’s self-reliance in the power sector. “ India’s electricity generation capacity has grown from 249 GW in 2014 to 552 GW today, including around 310 GW of non-fossil capacity, while the grid has recently managed a peak demand of 281 GW, with nearly one-third met through renewable energy. This growing infrastructure is enabling technological self-reliance, domestic manufacturing, and innovation,” he said. Bengaluru: Union Finance Minister Nirmala Sitharaman said on Saturday that the next infrastructure…
Coverage
1 outlet
All filed from India
NamedIndia · Bombay Stock Exchange · Ministry of Micro, Small and Medium Enterprises · National Stock Exchange · IIT Madras Alumni Association · Nirmala Sitharaman · Pralhad Joshi
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