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.