Union Minister Jitin Prasada affirmed India’s “AI for All” initiative during the Nasscom Global Confluence 2025, noting the country’s leadership in AI skills surpassing the U.S. and Germany. He urged industry leaders to prioritize research and development to harness India’s capabilities, stressing that the Indian IT sector’s substantial revenue reflects its potential as a global powerhouse.
India’s initiative of “AI for All” is gaining momentum with substantial actions, as articulated by Union Minister Jitin Prasada. During his keynote address at the Nasscom Global Confluence 2025, he emphasized India’s leadership in AI skill penetration, which surpasses that of the United States and Germany, highlighting the need for research and development to leverage India’s potential as a global skill capital.
Prasada stated, “Our mantra ‘AI for All’ is backed by concrete action,” pointing to India’s readiness to be a strategic technology partner amid the global digitalisation movement. He encouraged industry leaders to prioritize research in their future strategies, reinforcing India’s openness for business.
The Minister noted, “India is the skill capital of the world,” asserting the nation’s capability to contribute across various sectors globally through its rich skills and workforce. Future skills programs are designed to permeate rural areas, ensuring that the workforce is adequately prepared to engage with ongoing technological transformations.
Prasada highlighted the Indian IT industry’s significant achievements, stating it recorded a revenue of USD 254 billion in fiscal year 2024, solidifying its status as a global powerhouse. With operations in over 80 countries, Indian firms are recognized for their innovation and reliability, boasting a highly skilled workforce and expertise in emerging technologies.
Moreover, with Prasada overseeing both Commerce and IT sectors, he pointed out that both areas are experiencing growth, asserting India’s strong position to exploit these opportunities effectively.
In summary, Union Minister Jitin Prasada’s address at the Nasscom Global Confluence 2025 underscored India’s commitment to its “AI for All” initiative through actionable strategies and significant advancements in skill penetration. By prioritizing research and development, India is poised to leverage its capabilities as a global technology partner and foster innovation in various sectors. The remarkable growth of the Indian IT industry further illustrates the country’s potential in a transforming global landscape.
Original Source: www.business-standard.com