In a recent event arranged by Nasscom, Infosys Chairman Nandan Nilekani has stated that India is on the cusp of major artificial intelligence innovations. He is confident that both the business side and the government side are well placed to apply AI uniquely. To further understand the statement, one must take a look at the latest AI-based innovative operations taking place in the education, economy, and health sector of India. With the emergence of the'Made in India' drive, 1 billion dollars of funding has been allocated to semiconductor companies using AI. The scheme is also encouraging the local chip makers of India with the assurance that the government will buy their locally made chips.