India should ride AI wave to emerge as a product nation: Industry experts
Industry experts at a CII event argued that India should leverage the AI revolution to transition from a software services provider to a global product nation. Key challenges identified include a lack of sufficient venture capital and the need for greater investment in research and infrastructure.
Industry experts speaking at a Confederation of Indian Industry (CII) event said India should ride the AI wave to emerge as a product nation. While the country has excelled in engineering and software services, it has yet to fully master the entire product value chain from design and development to engineering and manufacturing, said Kamal Bali, chairman of CII Innoverge 2026, the trade body’s flagship national innovation summit scheduled to be held in Bengaluru on July 22 and 23.
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