INDIA LIVE DESKNIFTY 50:23,140.50(+0.34%)SENSEX:73,895.74(+0.43%)
RDU Global
🇮🇳
🇮🇳 India Edition • Enterprise Tech, Cloud & AIRDU GLOBAL CORRESPONDENT
VERIFIED WIRE INTELLIGENCE

"Sitharaman flags AI, semiconductors and quantum tech as India’s next frontier"

Finance Minister Nirmala Sitharaman said India must move faster to build the hardware, skills and institutional base needed to compete in artificial intelligence, semiconductors and quantum technologies. Speaking at a fireside chat organised by the IIT Madras Alumni Association, she framed the emerging stack as a strategic frontier for startups, industry and national capability. Her remarks underscore a broader policy shift: India is no longer treating deep tech as a niche innovation story, but as a core economic and strategic priority that will require sustained investment, talent development and ecosystem coordination.

Sitharaman flags AI, semiconductors and quantum tech as India’s next frontier

R

RDU Global Wire

Startups & Venture Capital Desk

New Delhi, India Just now (08:00 PM IST)•5 min read

Finance Minister Nirmala Sitharaman said India must move faster to build the hardware, skills and institutional base needed to compete in artificial intelligence, semiconductors and quantum technologies. Speaking at a fireside chat organised by the IIT Madras Alumni Association, she framed the emerging stack as a strategic frontier for startups, industry and national capability. Her remarks underscore a broader policy shift: India is no longer treating deep tech as a niche innovation story, but as a core economic and strategic priority that will require sustained investment, talent development and ecosystem coordination.

Finance Minister Nirmala Sitharaman said India must move faster to build the hardware, skills and institutional base needed to compete in artificial intelligence, semiconductors and quantum technologies. Speaking at a fireside chat organised by the IIT Madras Alumni Association, she framed the emerging stack as a strategic frontier for startups, industry and national capability.

Her remarks underscore a broader policy shift: India is no longer treating deep tech as a niche innovation story, but as a core economic and strategic priority that will require sustained investment, talent development and ecosystem coordination.

Editorial & Verification Notice

Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.

Related Coverage

Enterprise Tech, Cloud & AI

Researchers Warn of AI Overreach as OpenAI Dispute Fuels Academic Alarm, Even as Moneyview Readies a Bumper IPO

A widening dispute over whether AI systems are being credited with breakthroughs they have not truly achieved is intensifying concern among researchers, with mathematician Tristan Buckmaster among those urging caution after claims around OpenAI’s Codex and the Navier-Stokes equations drew scrutiny. The debate is landing at a moment when India’s startup market is also watching Moneyview’s expected blockbuster listing, underscoring the sharp contrast between speculative AI hype and the more grounded demands of public-market discipline.

03 Oct 2026, 07:54 AM IST
Enterprise Tech, Cloud & AI

India Faces Tougher Capital Hunt as Trade, Oil and AI Risks Cloud Outlook: Finance Ministry Report

India is confronting a more difficult environment for attracting capital as global trade tensions, volatile crude prices and rapid shifts in artificial intelligence reshape investor priorities, according to a Finance Ministry report. The assessment says the economy must become more competition-friendly rather than merely business-friendly if it is to sustain investment momentum and remain resilient in a more uncertain world.

03 Oct 2026, 06:09 AM IST
Enterprise Tech, Cloud & AI

Finance Ministry Seeks Banks’ Views on AI Loan Collection Tools as Adoption Remains Uneven

India’s finance ministry has asked banks to share details of their use of artificial intelligence in loan collection, signalling a closer review of how lenders are deploying automation and whether customer-protection safeguards are keeping pace. Early indications suggest most banks are using AI to support borrower engagement and repayment reminders, while only a limited number have moved to conversational AI for collections.

03 Oct 2026, 05:23 AM IST