Mr Amitabh Kant, Indias G20 Sherpa, said that the Artificial Intelligence (AI) race has just begun and urged Indian businesses to build foundational models. Mr Kant was speaking at the session on Making this Indias Moment: What Must India Do? at the CII Annual Business Summit 2025 in New Delhi on 29 May. Indias G20 Sherpa believes that Indian models will provide solutions to many of the challenges faced by countries around the world.
What we did in digital public infrastructure is that we used open source, open API, globally interoperable models, and those models will be the way forward for us. Therefore, India must build its foundational model. I believe India will provide these foundational models for many areas which have challenges for the world, he said. How to improve learning outcomes, health outcomes and nutritional standards, etc. India will use its 22 languages and thousands of dialects to find solutions to many of the challenges of the world. Indian startups will do some pathbreaking work in this area, Mr Kant said.
Talking about the ease of doing business, Indias G20 Sherpa said that the central government has put in the building blocks, and that it is time for states to bring reforms. He also urged the industry to invest in research and development to develop cutting-edge technologies to sustain Indias accelerated growth. He also said that Quality Control Orders (QCOs) must be used rationally to ensure Indian industry can grow. To make Indian Industry more competitive, he suggested that States give land to the industry on long-term lease and privatise DISCOMS to make them more efficient. He also underlined the need for an Alternative Dispute Resolution (ADR) mechanism to ensure speedy justice, especially in commercial cases.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
