AI Is the Engine That Will Empower India’s Double-Digit Growth: Akash Ambani

AI Is the Engine That Will Empower India's Double-Digit Growth: Akash Ambani
Artificial Intelligence (AI) is the biggest technological shift we have seen in our lifetime to date and will be the driving force behind India’s economic growth, said Akash Ambani, Chairman of Reliance Jio Infocomm, at the Mumbai Tech Week held at Jio World Centre.

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Investing in AI, Research, and Talent

“In my view, AI is the engine that will empower India to grow at 10 percent or double-digit growth numbers for the foreseeable future,” Ambani stated, noting that “India is one of the forefront nations that can adopt technology and use technology for the benefit of the country.”

To establish India as a global AI leader, Ambani outlined three key areas of focus: infrastructure, deep research and development, and talent investment.

Akash Ambani, Chairman of Reliance Jio Infocomm, spoke during a fireside chat with Dream11 CEO Harsh Jain at the Mumbai Tech Week held at Jio World Centre.

Jio’s Impact on India’s Digital Transformation

Opening the conversation about Jio and its achievements in India, Dream11 CEO Harsh Jain said that Jio is literally at the forefront of technology in India. “Every single person here is thankful for finally getting us 5G Internet at the best speeds possible while we travel. I get like 150 Mbps in my car, on my phone, which is just phenomenal,” Jain said.

“..We’re all very fortunate to be in a country where our domestic product itself can reach 800 million Indians thanks to Jio. And it’s a great time to be running a tech company and to have tech startups for all the entrepreneurs out there,” Jain added.