Maharashtra is already experimenting into AI in the health sector and also has a plan to rope in a city-based AI startup to use AI-powered X-ray, MRI and CT scan machines.
The state is also looking to use artificial intelligence in defence sector.” according to a report citing officials at the CM’s Office.
“This AI institute will give a fresh impetus to the fourth industrial revolution and promote Mumbai as an investment destination in innovation and data analysis,” according to a media report, quoting official sources.
During the Magnetic Maharashtra Summit, Chief Minister Devendra Fadnavis will unveil the plan for the AI institute. He will also push his idea at the Global Economic Conference, which will be held next month in Canada.
According to a media report, the CM has set up a joint working group for AI cooperation with the Canada government on Tuesday. And in a meeting with Canadian Minister of International Relation, Christine St-Pierre, Maharashtra CM Devendra Fadnavis has discussed a cooperation in AI and other port-led development.
Apart from opening the AI center, Mumbai is also preparing for the next wave of industrial revolution, Industry 4.0, which will transform businesses and create more jobs.
Back in November, Mumbai University Vidyanagari campus had also announced getting a new research and educational institute for AI, that would aim at finding solutions to social challenges by using AI and data science.
India’s push to AI is evident, this year on his Budget speech, Finance Minister Arun Jaitley told the Parliament that govt’s think tank Niti Aayog will spearhead a national programme on AI. The Budget allocation for Digital India has also been doubled to Rs 3,073 crore, to promote AI, machine learning and other technologies.
Join Our Discord Server. Be part of an engaging online community. Join Here.
Subscribe to our NewsletterGet the latest updates and relevant offers by sharing your email.
I have over three-years of experience in editing, reporting. My career in journalism began with The Economic Times. When I am not busy, I read, I binge-watch web series.