Virendra Pandit
New Delhi: Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Tuesday said India is set to attract more than USD 200 billion in investment commitments over the next two years across the five layers of the artificial intelligence (AI) stack.
Speaking at a press briefing during the ongoing five-day India AI Impact Summit 2026, he said strong global interest is emerging not just in AI growth, but also in ensuring its responsible use, the media reported.
Vaishnaw said investments are coming across the AI ecosystem, from infrastructure to energy. “We are also seeing huge investment interests in the infrastructure and the energy layers.”
India has a key advantage because of its clean power capacity. “About 51 percent of power generation capacity is from clean sources, which is one big advantage that India has.”
According to him, India is witnessing significant capital commitments across the five layers of the AI stack, helping strengthen the country’s long-term technology ecosystem.
Vaishnaw stressed that the global consensus is building around responsible AI development. “We can see that interest in making AI accountable to society, making sure that we can get the benefits of the new technology, while we can contain the harms which might come from it. That consensus is also building up.”
“We will try to create a consensus among global leaders about the good, the proper and the right use of AI, so that it could be used for the benefit of humanity, while we contain the harms which come from improper use.”
talent development
Vaishnaw said India is working closely with industry and academia to manage the transition to AI-driven technologies. “The IT industry is one of the biggest trends that India has.”
“Whenever any technology transition happens, it has to be managed jointly by the industry, academia and government. So right now, we are working with the industry and academia on three fronts,” he said.
“One, reskilling and upskilling the existing talent. Two, creating a new talent pipeline. Three, making sure that the coming generations are ready for this new technology.”
He noted that the government’s future skills programme, launched three years ago, is already being implemented.
innovation
Vaishnaw said the government will soon announce AI Mission 2.0, with a focus on research, innovation, and strengthening shared computing infrastructure.
“In the AI Mission 1.0, we have shown Prime Minister Narendra Modi’s vision of democratizing technology, unlike in so many other countries, where the AI infra is under the control of a handful of companies.”
“In India, we have been able to provide AI compute to a very large section of our population. And that’s one big differentiator.”
To boost compute capacity, the minister said, more than 20,000 graphics processing units (GPUs) will be added to the existing base of 38,000.
Vaishnaw said these steps, along with strong investment momentum, position India as a major global hub for AI development and deployment in the coming years.
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