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Indian Deeptech Sector Needs More Risk Capital To Leapfrog: Reliance Jio’s Chief AI Scientist

  • Gaurav Aggarwal, the Chief AI Scientist at Reliance Jio, has highlighted the need for more risk capital in India's deeptech sector.
  • India lags behind the US and China in AI development due to a lack of adequate policies and access to capital for deeptech.
  • Aggarwal discussed the development of a Digital Public Infrastructure (DPI) to facilitate data collaboration for AI startups in India.
  • Stakeholders suggest that the government could become the largest consumer of Indian AI products, but startups face regulatory hurdles that hinder innovation.

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