India Sets Up Policy Group To Study AI: NASSCOM

by CXOtoday News Desk    Sep 15, 2017

Nascomm

Artificial Intelligence is changing the way we think of technology today, and with all the global debate on this, India has formed a “policy group” to study the new technologies and recommend a framework for its adoption, IT industry body Nasscom said, as per a report on ET.

“We all are currently working out on a policy framework on AI,” said Nasscom vice president K S Viswanathan over AI.

The Ministry of Electronics and Information Technology with representation from the academia has created a “policy group”. It has done a lot of research on the subject and Nasscom for the industry’s perspective, Viswanathan said. The group will emphasize on areas like skilling the workforce, privacy, security and fixing responsibility in case anything goes wrong, he said. “We have to create a thought leadership on what is this program all about, what is the likely impact. Create a thought leadership when AI becomes a reality, what are the elements and sub-elements which need to be taken care of, how do we take care of that,” he said.

He further said that Nasscom will be holding a stakeholders’ consultative meeting to understand the requirements from a policy perspective by the end of the year for the same.

There are more than 800 multinationals like Intel, Boeing, Bosch, Goldman Sachs, Morgan Stanley that have set-up their global in-house centers in the country and churn $ 20 billion of work every year, growing at 10 percent which is faster than the services export, he said.

Viswanathan informed that China has become a popular market for hardware and manufacturing related work, India has become a sought-after market for software related centers.

Under Nasscom’s 10,000 startups program, it has been able to touch 3,000 companies over the last four years and will be touching the remaining by 2023, he said.

Nasscom is bringing up centres of excellence (CoE) in various start-up hotspots in the country as part of this initiative, where start-ups can gather to work together, he said.

A CoE Bengaluru was set-up in July last year and there are plans for other cities including Ahmedabad, Gurgaon and Vishakapatnam, said Viswanathan.