AI4India: Harnessing Artificial Intelligence for India’s Future
February 6, 2024
The Dominance of AI Technology in India
AI in India is dominating every sector and business. India has enormous potential to create an artificial intelligence revolution. It’s currently ranked the world’s third largest talent pool for AI talent, with investments in India’s AI capabilities growing at a CAGR of 30.8%.
India’s emerging status as a technological powerhouse, combined with its unique socioeconomic demographics, places India in an extremely favorable position to be the world’s most extensive user of AI by the end of this decade. As per the World Economic Forum report, it is expected that India shall reach $11.78 billion by 2025, and by 2035 it shall add $1 trillion to the economy of India.
The New Education Policy and AI
NEP is harnessing the developments of AI education in India that was launched in 2020 by Prime Minister Narendra Modi. The document proposes the introduction of AI in the curriculum for school and college students. To keep up with the pace of innovations, the Indian education system is building stronger ties with the alumni networks. With the new education policy, academia is ready to adopt new technologies like Artificial Intelligence in schools and educational institutions as part of their ongoing curricula.
New Online Courses being launched in AI
New online courses are being launched on many online learning platforms keeping accessibility and affordability in mind. The New education policy touches upon the topic of online teaching platforms. Omdena is well-equipped to leverage this opportunity by providing top content and making such educational initiatives affordable and accessible to the Indian AI student-learning communities.
Omdena in India
At Omdena, we’re here to enable all AI enthusiasts and learners to unleash the potential of AI by giving them the power to learn and grow in the most conducive learning environment. In our recent engagements, we were able to reach out and meet esteemed Universities and State-owned technology and innovation departments promoting technology and innovation in the education and start-up ecosystems. We had the privilege of meeting Heads of Departments (HoDs) of AI research and Chief Executives from state-owned information technology departments and academia.
We’d like to thank Dr. Raul Villamarin Rodriguez, Vice President of Woxen University, Dr. Hemchandran, Director of AI & Research Centre of Woxen University School of Business, and Dr. Shahid Mohammad Ganie, Assistant Professor of Woxen University.
Mr. Emmanuel Joseph, VP, Omdena Partnerships, with the team of Program Directors from Woxen University AI and Research Centre, and with one of the Business Consultants from Telangana State.
Omdena AI Capacity Building Program
The AI Capacity Building Program is one such initiative launched by Omdena to give learners an authentic out-of-classroom experience focused mainly on high-level challenges in real-time projects that are being operationalized on a global scale.
The program has two main objectives:
- Digital Workforce Upskilling and Reskilling
- Strengthening the Local Innovation Ecosystem
This kind of educational transformation influences the students, educators, recruiters, and career counselors, changing how they live and learn within the real-life spheres of challenges that are being solved with technology and the power of a skill-based workforce.
Omdena Innovation Labs
Omdena is striding forward to engage with universities, technology and innovation academia, and start-up incubators curated by government organizations to collaborate and work as external partners. This is an attempt to assist start-up incubation centers that are presently leading the technology and innovation challenge projects in various cities and states of India. This will enhance the capacity of students’ learning abilities and provide qualifying knowledge, encouraging learners to work on local chapters and get exposed to innovation challenges.
Mr. Emmanuel Joseph Vice President of Partnerships at Omdena Inc., met with the CEO of Andhra Pradesh Innovation Society in Vijayawada to promote Omdena AI capabilities and co-operations that can be built on the synergy of Omdena Innovation Labs which functions through building multiple designs, implementation, and testing phases and assisting in the deployment of solutions.
Omdena Innovation Labs can adopt startup teams and collaborate with them on specific projects that require special attention and guided protocols. Such start-up teams have a full-fledged diversified exposure to used cases from around the world as it allows them to quickly learn, adapt, and ensure that their projects can deliver appropriate and effective solutions that will eventually meet their project objectives at any given stage of the incubation period.
Such integrated cooperation can foster an expansive learning mechanism, empowering the growth and knowledge of today’s fast-paced startup ecosystems in India.
Omdena Innovation Labs is one such program that is fully equipped to become an AI-backed resource platform, with access to used cases and datasets providing a formidable support system to the existing incubators.
Mr. Emmanuel Joseph, VP, Omdena Partnerships, with the Startup SPACEINF at Andhra Pradesh Innovation Society Incubator premises in Vijayawada AP.
Our Recent Success
Omdena will be signing an MoU with the Andhra Pradesh Information Technology Academy to upskill 100 students under the AI Capacity Building Program. We’d like to thank Dr. Anil Tentu, CEO of Andhra Pradesh Innovation Society (Govt. of Andhra Pradesh) and Prof. D.V. Rama Koti Reddy, CEO of Andhra Pradesh Information Technology Academy for confirming the partnership cooperation between the two institutions during a recent meeting held with Omdena in Vijayawada, Andhra Pradesh.
Ai4India
India’s population is large and creates the scope and potential for generating an enormous amount of data that needs to be managed, processed, and analyzed to arrive at specific results. Such abundant and vast data makes a fertile ground for the application and development of AI usage to be more exclusive by introducing AI technology. And now with the employment of a professional and skilled-based workforce, Indian businesses have found a strong foothold to grow at an accelerating rate.
Hence, India has started to invest heavily in building AI skills and capabilities. In the coming years, AI is inevitably going to become an important factor that significantly contributes to the development and growth of Indian businesses in technology and almost all the sectors where AI is making a formidable impact. Hence, it seems that the future of AI in India is resourceful. In fact, with the help of strong strategies and proper implementation of policies, India can be a prominent player in the AI industry on the global stage.
Omdena in this endeavor is dedicated to building a perpetual support system for strengthening the local innovation ecosystem in the fields of AI, ML, and Data Science. Omdena is focused on making AI available at all levels through education, training, and knowledge-sharing platforms with a maximum level of advantage given to learners by its in-house team of 20,000 collaborators spread across 80 countries that have contributed to creating 195 impact-hubs around the world.
With such a positive market outlook for AI, Omdena is here to provide a distinctive learning platform outlined across all possible spectrums with promising job opportunities for top talents in AI-skilled-based projects.
