The India AI Impact Summit 2026 is into its second day on Tuesday after kick-starting the event from February 16. The five-day event has industry captains, policy makers and technocrats coming together to discuss the future of India in artificial intelligence and deep tech. Speaking on the sidelines of the summit, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said India was expected to witness huge investments in the next two years to speed up AI adoption.
India's AI and Deep Tech Ecosystem Poised for Major Investments
India is expecting over USD 200 billion in investment in its AI and deep tech ecosystem in the next two years, Union IT Minister Ashwini Vaishnaw said on Friday, November 19. Speaking at the second day of the India AI Impact Summit 2026 here, he also stressed that more stimulation is needed for translational technology. According to the minister, investor interest is cropping up at two fronts – in direct AI investments and venture capital funding for deep tech startups, said ANI.
Govt has always championed building digital public infrastructure as part of the #DigitalIndia programme. Platforms like UPI, Aadhaar, DigiLocker and ONDC paved the way for a sound technology framework. This DPI supported ecosystem is likely to fast-track AI adoption in India across industry and academia, said the minister.
The minister also stated that world tech giants and CEOs have expressed “very keen interest” in putting money in India, especially in deep tech startups and infrastructure. This comes as part of a wider strategy by international corporations to penetrate the market in global business.
Smartphone maker Anthropic is to open its first Indian office in Bengaluru; plans for hiring were also announced recently. OpenAI is also stepping up hiring in the country before it launches its first office in New Delhi and creates a network of data centres across India. Microsoft also said in December 2025 that it had planned to invest over $17.5 billion (around Rs. 1.57 lakh crore) in India over the next four years.