India bids to attract over $200B in AI infrastructure investment by 2028 | TechCrunch
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India aims to attract over $200 billion in AI infrastructure investments within the next two years, focusing on enhancing its status as a global AI hub. The initiative includes partnerships with tech firms, incentives for startups, and improved regulatory frameworks. This push could significantly boost the country's tech sector and job market.
India aims to secure over $200 billion in AI infrastructure investment by 2028
India has launched a strategic initiative to attract over $200 billion in artificial intelligence (AI) infrastructure investments by 2028, aiming to establish itself as a global hub for AI technology. This plan was unveiled by Prime Minister Narendra Modi during the India AI Summit.
Key components of the strategy include a dedicated AI fund to support startups and established companies in developing AI solutions, fostering collaboration between the public and private sectors. Additionally, the government will implement educational programs to cultivate a skilled workforce proficient in AI technologies, aligning with global demand for AI specialists.
India's AI market is projected to grow at a compound annual growth rate (CAGR) of 30% over the next five years, driven by increasing adoption across sectors such as healthcare and finance. To attract foreign investment, India is exploring international partnerships with tech giants and research institutions in countries like the United States and Israel.
The government is expected to outline specific milestones for achieving the $200 billion investment target, engaging stakeholders to refine the strategy and ensure alignment with market needs.
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📰 Original Source: https://techcrunch.com/2026/02/17/india-bids-to-attract-over-200b-in-ai-infrastructure-investment-by-2028/
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