Global Ranking | India ranks 36th out of 170 nations on the Global Network Readiness Index, improving from 48th in 2022. |
Key Factors | The index evaluates ICT deployment, skills, R&D, industrial capacity, and access to finance. |
ICT Readiness | India ranks 99th in ICT readiness. |
Skills | India ranks 113th in human capital, reflecting challenges in skill development. |
R&D | India ranks 3rd globally in R&D, showcasing exceptional performance. |
Industrial Capacity | India ranks 10th in industrial capacity, highlighting its manufacturing potential. |
Finance | India ranks 70th in access to finance, indicating room for growth in financial infrastructure. |
Human Capital Progress | India, along with Bhutan, Morocco, Moldova, and Timor-Leste, has improved in human capital development due to increased schooling and high-skill employment. |
Technology Readiness | Developing countries like India, China, Brazil, and the Philippines are outperforming expectations in technology readiness, despite lower per capita GDPs. |
AI Developments | India 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 Investment | India ranks 10th globally in private investment in AI, with USD 1.4 billion in 2023. |
AI's Economic Impact | AI may displace jobs but also create new industries and employment opportunities. Reskilling and upskilling are emphasized. |
Policy Initiatives | India has launched the India AI Mission to strengthen its AI ecosystem by promoting education and reducing barriers to AI programs, particularly in smaller cities. |