New Delhi: Confederation of Indian Industry (CII) on Friday said it has established a new forum on artificial intelligence chaired by IBM's India/South Asia Managing Director Sandip Patel. The CII AI Forum will focus on building a strong AI ecosystem in India by building awareness at scale and enhancing capabilities by skilling/reskilling workforce for the future, CII said. It will also work with the government in shaping conducive policy and regulatory regime; encourage public-private partnerships in research and development, and facilitate pilot implementation of AI solutions in priority sectors, it added. The sectors that have been prioritised for this year are: banking and financial services industries (BFSI), retail, social (healthcare) and manufacturing (automotive). "As the economy moves into the recovery and revival phase, the transformational potential of responsible AI-driven solutions can be used to fuel India's growth story in a big way. CII AI Forum will look at initiatives to spur local innovations," Patel said.

The CII AI Forum will focus on building a strong AI ecosystem in India by building awareness at scale and enhancing capabilities by skilling/reskilling workforce for the future, CII said. It will also work with the government in shaping conducive policy and regulatory regime; encourage public-private partnerships in research and development, and facilitate pilot implementation of AI solutions in priority sectors, it added. The sectors that have been prioritised for this year are: banking and financial services industries (BFSI), retail, social (healthcare) and manufacturing (automotive). "As the economy moves into the recovery and revival phase, the transformational potential of responsible AI-driven solutions can be used to fuel India''s growth story in a big way. CII AI Forum will look at initiatives to spur local innovations," Patel said.