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In a bid to accelerate AI (artificial intelligence) adoption in India, Nasscom and Microsoft on Wednesday announced the second edition of the ‘AI Gamechangers awards.

The program will serve as a platform for startups, enterprises, academia, governments, and NGOs to showcase their innovations in AI.

India was ranked 8th in the top 10 countries by AI patent families on a global level, an impressive accomplishment considering India had no AI related patent filing prior to 2002, – informed Debjani Ghosh, President, Nasscom.

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“AI has immense growth potential and achieving it needs scalable partnerships across stakeholders, right set of skills, a strong focus on incentivizing R&D, access to data, and regulations to support responsible AI,” she added.

The program will also encourage nominations for impactful AI solutions built for social impact.

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Over 5,000 AI patents were filed over the last decade in India, among which 94% of them were filed in the last five years.

Data and AI could add $450-500 billion to India’s GDP by 2025, representing 10 percent of the $5 trillion goals.

Nearly 45 percent of this value is likely to be delivered by three sectors: Consumer goods and retail, agriculture and banking, and insurance.

The award-winning entries will be featured in the annual ‘AI Gamechangers compendium at Nasscom’s flagship Xperience AI Summit.

“We have a huge opportunity to make AI work at scale for the country, enabling investment, jobs, and inclusive growth,” said Dr. Rohini Srivathsa, National Technology Officer, Microsoft India.

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