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If it wants to lead in the AI race, India must recognise that the challenge lies in whether market regulations will stifle its momentum
‘Indian IT services and consultancies held back by AI regulations run the risk of losing their hold of the global market’ | Photo Credit: Reuters
In the heart of Bengaluru, software developers find themselves racing against time to outbid Chinese rivals for major Artificial Intelligence (AI)-driven projects with international clients. Despite being part of a skilled workforce, deals often slip away due to capabilities Indian firms struggle to match. This is not just a single developer’s dilemma. It is a glimpse into India’s crossroads.
Faced with a three-way race to catch up with Silicon Valley while being chased by China and South East Asia, India is being subject to rigorous competition. But, if it wants to prevail at the forefront of the AI race, India must recognise that the challenge lies not in whether businesses prefer a local or foreign AI platform but in whether market regulations will inadvertently stifle India’s momentum.
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