India’s ‘AI for All’ initiative is supported by significant advancements in AI skills, according to Union Minister Jitin Prasada. He urged industry leaders to prioritize R&D to leverage India’s global standing as a skill capital. The Indian IT sector’s impressive performance demonstrates the country’s innovation and readiness to lead in technology partnerships.
On Thursday, Union Minister Jitin Prasada emphasized that India’s “AI for All” initiative is complemented by tangible actions, highlighting the nation’s leadership in AI skill penetration and talent concentration during his keynote address at the Nasscom Global Confluence 2025. He urged industry leaders to focus on research and development (R&D) to harness India’s potential as a global skill capital.
Prasada proudly asserted that India ranks first worldwide in AI skill penetration, surpassing countries such as the United States and Germany. He stated, “It’s just not about numbers, it’s about impact,” regarding India’s readiness to serve as a strategic technology partner for nations embracing digitalization.
The minister further emphasized India’s openness to lead and urged industry leaders to prioritize research in their strategies. He remarked, “India is the skill capital of the world,” expressing a commitment to sharing skills globally and ensuring future programs reach rural areas, preparing the workforce for ongoing technological changes.
Prasada noted that India’s strength represents innovation and resilience in a rapidly evolving global environment, with the Indian IT industry’s recent revenue reaching USD 254 billion in fiscal year 2024, underscoring its status as a global powerhouse. He highlighted that Indian IT firms are renowned for delivering innovative solutions to Fortune 500 companies in over 80 nations.
Lastly, Prasada acknowledged his dual governance roles in Commerce and IT, asserting that both sectors are currently in high demand and that India is poised to leverage their growth effectively.
In summary, India’s “AI for All” initiative is underpinned by substantial progress in AI skill development and a commitment to innovation. Union Minister Jitin Prasada has called for enhanced focus on research and development to solidify India’s role as a leading global partner in digital transformation. The remarkable revenue from the IT sector exemplifies the nation’s capabilities, indicating a promising trajectory for future growth in both commerce and technology.
Original Source: www.business-standard.com
