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The article delves into the future of AI in India post-2024, particularly in the context of the upcoming elections. Prime Minister Narendra Modi highlighted the use of AI in drafting the 2024 BJP manifesto, showcasing the government's tech-inclined approach. However, despite advancements in the industry, India lacks a comprehensive framework to support indigenous innovations. Both major political parties, BJP and INC, have released vague manifestos regarding AI, raising concerns about the lack of concrete plans for industry growth. The absence of a national framework puts Indian innovators at a disadvantage and may attract external players due to regulatory laxity.
While India has made significant strides in AI, the government's delayed action in establishing a global framework poses challenges. Other countries like the EU, US, and Australia have already initiated regulatory measures, leaving India behind. The article questions whether India's delayed response will benefit or hinder the industry. With no overarching framework, India risks losing its competitive edge and may face increased external influence. The article emphasizes the need for a structured approach to AI regulation to safeguard local innovators and ensure sustainable industry growth.
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