Webinar on AI in India: Post-COVID trends and Future Prospects

Trade Promotion Council of India organised a webinar on AI in India: Post-COVID Trends and Future Prospects on March 30, 2022. The webinar aimed to deliberate on the evolution of AI across the world in the pandemic period, its progress and potential impact on India’s business competitiveness, and how the country can leverage its lucrative ecosystem and strong policy support to emerge a frontrunner in this technology area of the future.

Trade Promotion Council of India organised a webinar on AI in India: Post-COVID Trends and Future Prospects on March 30, 2022. The webinar aimed to deliberate on the evolution of AI across the world in the pandemic period, its progress and potential impact on India’s business competitiveness, and how the country can leverage its lucrative ecosystem and strong policy support to emerge a frontrunner in this technology area of the future.

The economic and social potential of deployment of AI technology is increasingly being recognized by policymakers, academia, firms, and civil society. The wide scope of its application in various sectors such as agriculture, health, and education among others has stimulated rapid growth in this fast-evolving AI ecosystem.

AI adoption in various sectors has been focused on improving access, quality, and efficiency of service delivery, and solving time-sensitive problems. However, its deployment is fraught with challenges that have emerged in the discourses concerning ethics, privacy, data protection, and governance. Hence a multi-stakeholder approach is required while engaging and involving multilateral organizations, public and private sectors, academia, start-ups, investors/venture capitalists on issues regarding the design, development, and deployment of AI technology in India and in understanding its start-up ecosystem.

 

Following is the list of esteemed panellists for this webinar:

• Dr. Avik Sarkar, Faculty, Indian School of Business 
• Dr (Maj) Satish S Jeevannavar, Founder/CEO, Ai Health Highway              
• Prof Rajat Agrawal, Faculty, Department of Management Studies, IIT Roorkee
• Anees Merchant, Executive VP – Growth, Course5 Intelligence
• Vijoe Mathew, Global Director of Analytics, Anheuser-Busch InBev
• Prashanth Kaddi, Partner, Deloitte India
• Anoop Menon, Principal-Investments, Chiratae Ventures

The multi-faceted panel discussed a gamut of areas pertaining to AI in India, including the following broad aspects: 

• India’s policy approach and progress in AI
• How the traditional leaders in AI are approaching the development of the technology
• The most promising impact areas for AI in India
• Impact of AI on business competitiveness
• How businesses should approach AI in a rational and mature manner
• The growth and challenges faced by AI startups
• How AI companies are viewed from a growth and investment perspective
• Challenges to the proliferation of AI in India and how to address them
• Prospects of India’s emergence as an AI product and solutions hub

The session was moderated by Virat Bahri, Deputy Director, Trade Promotion Council of India.