India's AI infrastructure push
Finance Minister Nirmala Sitharaman urged greater investment in AI infrastructure and training, saying it could improve business productivity, and set a 10%+ growth target. She cited the startup ecosystem’s sharp scaling since 2015 as evidence of momentum; Goldman Sachs identified 42 AI enablers across power and data centres.
Timeline
Monday, 28 September
- India's AI enablers surge as data centre buildout gathers pace
India’s AI-linked infrastructure stocks surged despite a weak equity market
Saturday, 26 September
- FM Nirmala Sitharaman sets 10%+ growth target, pushes back against suggestion on ‘missed AI bus’
Nirmala Sitharaman set a growth target of 10%+
- Next large investment should be in AI infrastructure, says Sitharaman
Sitharaman called for more investment in AI infrastructure and training
