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India's Significant Leap in Global Network Readiness and AI Development

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India's Significant Leap in Global Network Readiness and AI Development

CategoryDetails
Global RankingIndia ranks 36th out of 170 nations on the Global Network Readiness Index, improving from 48th in 2022.
Key FactorsThe index evaluates ICT deployment, skills, R&D, industrial capacity, and access to finance.
ICT ReadinessIndia ranks 99th in ICT readiness.
SkillsIndia ranks 113th in human capital, reflecting challenges in skill development.
R&DIndia ranks 3rd globally in R&D, showcasing exceptional performance.
Industrial CapacityIndia ranks 10th in industrial capacity, highlighting its manufacturing potential.
FinanceIndia ranks 70th in access to finance, indicating room for growth in financial infrastructure.
Human Capital ProgressIndia, along with Bhutan, Morocco, Moldova, and Timor-Leste, has improved in human capital development due to increased schooling and high-skill employment.
Technology ReadinessDeveloping countries like India, China, Brazil, and the Philippines are outperforming expectations in technology readiness, despite lower per capita GDPs.
AI DevelopmentsIndia is a key player in AI, contributing significantly to AI-related scientific knowledge. It has 13 million developers, ranking 2nd globally in GitHub developers, after the United States.
Private AI InvestmentIndia ranks 10th globally in private investment in AI, with USD 1.4 billion in 2023.
AI's Economic ImpactAI may displace jobs but also create new industries and employment opportunities. Reskilling and upskilling are emphasized.
Policy InitiativesIndia has launched the India AI Mission to strengthen its AI ecosystem by promoting education and reducing barriers to AI programs, particularly in smaller cities.

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