News > Union Budget: Indian startups seek more emphasis on AI
Union Budget: Indian startups seek more emphasis on AI
19/07/2024 12:35 PM | Click to read full article
As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startup founders said increased investment in policies that simplify doing business and empower startups and emerging technologies is essential. The India AI Mission has been approved with an outlay of INR 10,372 crore of which INR 2,000 crore would be used to support the Indian startup ecosystem to develop Indigenous AI-based solutions.