India's AI Ambitions: Government Launches Rs 10,372-Crore Mission to Boost Artificial Intelligence Infrastructure

The Indian government has invited bids to empanel Artificial Intelligence (AI) infrastructure providers under the Rs 10,372-crore India AI mission, aimed at boosting the country's AI capabilities.

India Ai MissionArtificial IntelligenceAi InfrastructureNational Ai PortalNational Ai Research InstituteReal EstateAug 17, 2024

India's AI Ambitions: Government Launches Rs 10,372-Crore Mission to Boost Artificial Intelligence Infrastructure
Real Estate:The Indian government has launched an ambitious mission to boost the country's Artificial Intelligence (AI) capabilities, with a budget of Rs 10,372 crore. As part of this mission, the government has invited bids to empanel AI infrastructure providers, who will play a crucial role in setting up the necessary infrastructure for AI development in the country.

The India AI mission, which was announced in the Union Budget 2020-21, aims to make India a global leader in the field of AI. The mission will focus on developing a robust AI ecosystem in the country, including setting up AI research institutes, providing funding for AI startups, and creating a talent pool of AI professionals.

To achieve these objectives, the government has invited bids from companies that can provide AI infrastructure, including data centers, cloud computing services, and other necessary infrastructure. The empaneled companies will be responsible for setting up and managing the AI infrastructure, which will be used by AI researchers, startups, and other stakeholders.

The empanelment process is open to both Indian and foreign companies, and the selected companies will be empaneled for a period of three years. The government has set a target of empaneling at least 10 companies under this initiative.

The India AI mission is a significant step forward for the country's AI ambitions, and is expected to have a major impact on the country's economy and society. With the use of AI, the government hopes to improve the efficiency of various sectors, including healthcare, education, and finance.

In addition to the empanelment of AI infrastructure providers, the government has also announced plans to set up a National AI Portal, which will serve as a single window for all AI-related activities in the country. The portal will provide information on AI research, funding opportunities, and other resources for AI stakeholders.

The government has also announced plans to set up a National AI Research Institute, which will focus on conducting research in AI and related fields. The institute will be set up in collaboration with top universities and research institutions in the country.

The India AI mission is a major initiative by the government to boost the country's AI capabilities, and is expected to have a significant impact on the country's economy and society. With the empanelment of AI infrastructure providers, the government hopes to create a robust AI ecosystem in the country, which will drive innovation and growth.

In related news, the AIPL group has announced plans to invest Rs 2,500 crore in real estate projects across Punjab. The company plans to develop several residential and commercial projects in the state, which will be equipped with the latest technology and amenities.

The investment by AIPL group is a significant boost to the real estate sector in Punjab, which has been witnessing a slowdown in recent times. The company's plans to develop tech-enabled projects are also in line with the government's vision of creating smart cities and promoting the use of technology in the real estate sector.

Overall, the India AI mission is a significant step forward for the country's AI ambitions, and is expected to have a major impact on the country's economy and society. With the empanelment of AI infrastructure providers, the government hopes to create a robust AI ecosystem in the country, which will drive innovation and growth.

In addition to the empanelment of AI infrastructure providers, the government has also announced plans to set up a National AI Portal and a National AI Research Institute, which will focus on conducting research in AI and related fields. The portal and the institute will provide a major boost to the country's AI capabilities, and will help to drive innovation and growth in the sector.

The India AI mission is a major initiative by the government to boost the country's AI capabilities, and is expected to have a significant impact on the country's economy and society. With the empanelment of AI infrastructure providers, the government hopes to create a robust AI ecosystem in the country, which will drive innovation and growth.

The government's plans to set up a National AI Portal and a National AI Research Institute are also a significant step forward for the country's AI ambitions. The portal and the institute will provide a major boost to the country's AI capabilities, and will help to drive innovation and growth in the sector.

The India AI mission is a major initiative by the government to boost the country's AI capabilities, and is expected to have a significant impact on the country's economy and society. With the empanelment of AI infrastructure providers, the government hopes to create a robust AI ecosystem in the country, which will drive innovation and growth.

In related news, the AIPL group has announced plans to invest Rs 2,500 crore in real estate projects across Punjab. The company plans to develop several residential and commercial projects in the state, which will be equipped with the latest technology and amenities.

The investment by AIPL group is a significant boost to the real estate sector in Punjab, which has been witnessing a slowdown in recent times. The company's plans to develop tech-enabled projects are also in line with the government's vision of creating smart cities and promoting the use of technology in the real estate sector.

Overall, the India AI mission is a significant step forward for the country's AI ambitions, and is expected to have a major impact on the country's economy and society. With the empanelment of AI infrastructure providers, the government hopes to create a robust AI ecosystem in the country, which will drive innovation and growth.

The India AI mission was announced in the Union Budget 2020-21, with a budget of Rs 10,372 crore. The mission aims to make India a global leader in the field of AI, and will focus on developing a robust AI ecosystem in the country.

The AIPL group is a leading real estate developer in India, with a presence in several states across the country. The company has developed several residential and commercial projects, and is known for its use of technology and innovation in its projects.

Frequently Asked Questions

What is the India AI mission?

The India AI mission is a government initiative aimed at boosting the country's Artificial Intelligence (AI) capabilities.

What is the budget for the India AI mission?

The budget for the India AI mission is Rs 10,372 crore.

What is the objective of the India AI mission?

The objective of the India AI mission is to make India a global leader in the field of AI.

What is the National AI Portal?

The National AI Portal is a single window for all AI-related activities in the country, which will provide information on AI research, funding opportunities, and other resources for AI stakeholders.

What is the National AI Research Institute?

The National AI Research Institute is a research institute that will focus on conducting research in AI and related fields.

Related News Articles

SEBI's Green Signal to Small Investors: Unlocking Real Estate Opportunities with SM REITs
real estate news

SEBI's Green Signal to Small Investors: Unlocking Real Estate Opportunities with SM REITs

Explore how SEBI's new regulations for Small and Medium Real Estate Investment Trusts (SM REITs) open doors for small investors to participate in the Indian real estate market.

July 16, 2024
Read Article
The Shifting Sands of Capital Gains Taxation: A Threat to Investor Confidence
Real Estate

The Shifting Sands of Capital Gains Taxation: A Threat to Investor Confidence

The recent changes in capital gains tax framework are set to affect investors' confidence, with the removal of indexation benefits and a hike in long-term capital gains tax rate. Will this lead to a decline in investment and economic growth?

August 13, 2024
Read Article
India's AI Ambitions: Government Launches Rs 10,372-Crore Mission to Boost Artificial Intelligence Infrastructure
Real Estate

India's AI Ambitions: Government Launches Rs 10,372-Crore Mission to Boost Artificial Intelligence Infrastructure

The Indian government has invited bids to empanel Artificial Intelligence (AI) infrastructure providers under the Rs 10,372-crore India AI mission, aimed at boosting the country's AI capabilities.

August 17, 2024
Read Article
2 Real Estate Stocks Surge up to 3% After Securing Orders from Maharashtra Government
Real Estate Maharashtra

2 Real Estate Stocks Surge up to 3% After Securing Orders from Maharashtra Government

Valor Estate Ltd, a prominent real estate company, has seen its stock prices jump up to 3% after securing significant orders from the Maharashtra Government. The company, known for its expertise in building and development, is poised to benefit from these

October 14, 2024
Read Article
Baba Siddique's Murder: The Evolution of Mumbai Gangs from Smuggling to Real Estate
Real Estate Mumbai

Baba Siddique's Murder: The Evolution of Mumbai Gangs from Smuggling to Real Estate

From the early days of smuggling, Mumbai's gangs have evolved to dominate the lucrative real estate market. This shift has made them powerful players in the city's underworld. A land dispute leading to Baba Siddique's murder is just one example of the bru

October 17, 2024
Read Article
Sunny Leone Invests in Mumbai's Prime Commercial Real Estate for Rs 8 Crore
Real Estate Mumbai

Sunny Leone Invests in Mumbai's Prime Commercial Real Estate for Rs 8 Crore

Sunny Leone, the actress and entrepreneur, has made a significant investment in commercial real estate in Mumbai, purchasing a prime office space worth Rs 8 crore in Oshiwara.

February 5, 2025
Read Article