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India is among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness and is well positioned to harness the technology, helped by its large technical workforce, globally integrated IT sector and digital public infrastructure, the World Bank said on Tuesday. In its latest report titled 'India and Artificial Intelligence: Seizing the Development Opportunity', the World Bank said private investment in AI in India more than tripled to USD 4.1 billion in 2025 from USD 1.2 billion in 2024. At the same time, the number of professionals employed by Global Capability Centres (GCCs) rose to 2.36 million in 2025 from 1.9 million a year ago, it said. The report, however, noted that the long-term economic and labour market impact of AI remains uncertain. It called for cross-cutting policy measures to deepen AI-enabling infrastructure, improve the business environment, broaden access to AI and enhance labour capacity so that the benefits of the technology are wid
India should build its own artificial intelligence (AI) safety framework suited to its languages, scale, and application-led AI ecosystem rather than replicate a voluntary pact signed by US President Donald Trump and top technology firms last week, industry experts said. They also called for a commitment that brings together all stakeholders and tackles risks such as deepfakes and cyberattacks, even as they differed on whether voluntary measures alone would be enough. The comments came after the White House Accord on Super Intelligence, a voluntary AI safety pact signed on September 29 by Trump and top executives from Google, OpenAI, Anthropic, Meta, Nvidia and Elon Musk's xAI. Under the accord, the companies committed to internal controls to monitor their AI models, dedicated oversight teams, independent external audits and board-level oversight. They also agreed to meet regularly to set safety standards. Nasscom Chairman and Fractal Group CEO Srikanth Velamakanni said India shoul
India is NetApp's fastest-growing market in Asia, with the BFSI, manufacturing, IT services and public sectors - particularly central and state government departments - as key drivers of the company's revenue growth, CEO George Kurian said. The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas. "India has been the fastest-growing market in Asia, and we are always looking to grow faster," Kurian told PTI on the sidelines of Insight 2026 here. NetApp's global capability centre in India has become the company's largest and has consistently grown faster than the rest of the business, the India-born CEO of the company said. Kurian, who has been driving the company's business growth as CEO since 2015, said NetApp is the ..