Sebi ED Urges Market Innovation, Avoid Copying Amid AI Controversy

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Sebi ED Urges Innovation, Not Copying, Amid AI Controversy

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News18•21-02-2026, 19:30

Sebi ED Urges Innovation, Not Copying, Amid AI Controversy

•Sebi Executive Director Sunil Kadam emphasized the need for India to innovate rather than copy others, referencing the Galgotias University controversy.
•Kadam's remarks followed an incident where Galgotias University presented a Chinese-manufactured robo dog as its own innovation at the India AI Impact Summit 2026.
•He stressed the importance of increased investment in research and development to foster indigenous innovation.
•Kadam highlighted that AI will transform business models and urged the market ecosystem to adapt to AI technology.
•Sebi plans to introduce an AI-based software to provide investors with interactive, multi-language information about companies and markets.

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