India's AI Edge: Applied Innovation, Not Foundational Models, Say Investors at Summit

• Investors at India AI Impact Summit believe India's AI value will come from applied innovation, solving India-specific problems at scale.
• New AI companies are emerging from engineering-led experimentation, building technology-forward solutions before identifying specific problems.
• India's large and complex domestic market offers a unique advantage for applied AI solutions, addressing population-scale problems.
• Creation of reliable, local datasets and leveraging India's linguistic diversity are crucial for AI growth, presenting a "$10 billion opportunity."
• India's AI trajectory will be shaped by embedding AI into industries, services, and multilingual interfaces, focusing on scalable, locally relevant applications.