India stands at a crucial juncture, brimming with the potential to leverage Artificial Intelligence (AI) for significant national advancement. Tata Sons Chairman N. Chandrasekaran has emphasized this pivotal moment, urging collaborative efforts between industry, government, and society to fully harness the power of AI. He envisions AI playing a transformative role in skilling, job creation, and addressing inequalities across sectors like healthcare and education.

Chandrasekaran highlighted the necessity for integrated AI solutions across various sectors to propel economic growth and prosperity. He believes that India needs to implement AI in every sector, including financial services, pharmaceuticals, advanced manufacturing, agriculture, and healthcare. By doing so, the nation can empower its youth with the right skills and create entrepreneurial opportunities in an AI-driven world.

To fully realize AI's potential, Chandrasekaran stressed the importance of collaboration between the government, industry, and society. He encouraged the industry to work closely with the government in policy formulation, take ownership, and demonstrate effective execution. He also advocated for enabling small and medium enterprises to leverage AI for value creation, job growth, and economic expansion.

Chandrasekaran's emphasis on AI aligns with the broader vision of "AI for Viksit Bharat," highlighting AI's role in India's development. He also mentioned that he was privileged to have had the opportunity to work as part of the Expert Council that developed the insights and recommendations for the roadmap. He underscored the need to address fundamental challenges in healthcare, education, and other sectors, creating opportunities, empowerment, and reducing existing inequalities.

Moreover, Chandrasekaran has previously stressed the importance of job creation and reskilling initiatives to prepare India for the age of AI. He emphasized the need for unprecedented job creation across both services and manufacturing sectors, along with reskilling millions of individuals to meet the demands of an AI-driven economy.

The Tata Group is actively investing in future-oriented sectors, including semiconductors, electric vehicles, and digital platforms. Tata Electronics is building a vertically integrated ecosystem for technology hardware and semiconductor manufacturing. Tata Power has also significantly expanded its renewable energy capacity and established a substantial network of EV charging stations across India. TCS has partnered with Tata Electronics to launch chiplet-based system engineering services to assist semiconductor companies.

While recognizing AI's potential to transform various sectors, Chandrasekaran has also acknowledged that AI cannot replace human intelligence. He emphasized the importance of the human element in technology and highlighted AI's capability for algorithm analysis. The actual impact of AI will depend on its adoption and integration with human capabilities.

India's IT sector is also eyeing opportunities in chip and electronics manufacturing, driven by AI and generative AI capabilities. This expansion is supported by India's push to develop a comprehensive semiconductor and electronics ecosystem. The global semiconductor market is projected to reach $2 trillion by 2032, presenting a significant opportunity for Indian companies.