Gujarat to Set Up Indian AI Research Organisation at GIFT City

• Gujarat CM Bhupendra Patel approved the Indian AI Research Organisation (IAIRO) at GIFT City to boost AI R&D.
• IAIRO will operate as a non-profit SPV from Jan 1, 2025, under a tripartite PPP model (State, Centre, IPA).
• A Rs 300 crore budget for 5 years, with 33.33% contribution from each partner; IPA is the anchor private partner.
• Core activities include advanced R&D, AI product development, collaboration, IP creation, and capacity building.
• The initiative aligns with the India AI Mission and state's AI Action Plan, aiming for transformative improvements.

Why It Matters: Gujarat establishes IAIRO at GIFT City with Rs 300 Cr budget to lead India's AI R&D and innovation.