India Ranks 10th Globally in Artificial Intelligence Investments08 Apr 2025

A UN report ranks India 10th globally in private AI investment, with Rs. 11,943 crore (US$ 1.4 billion) in 2023, making it a leading developing nation alongside China. India rose to 36th in the UNCTAD Frontier Technologies Index, showing strength in R&D and industrial capacity. Despite challenges like job displacement and limited skills, India’s AI growth is supported by its large developer base, AI Mission, and tech institutes. Continued R&D investment and skill development are key to maintaining global competitiveness.

Key Points:

India Ranks 10th Globally in AI Investment: In 2023, India attracted Rs. 11,943 crore (US$ 1.4 billion) in private AI investment, making it one of the top two developing nations—alongside China—with significant funding in artificial intelligence.
Marked Improvement in Tech Readiness: India moved up from 48th to 36th place in the UNCTAD ‘Readiness for Frontier Technologies’ Index, showcasing its growing capabilities in adopting and investing in emerging technologies.
India’s AI Ecosystem Strength: With a strong base of 13 million software developers, multiple AI research centers, and national initiatives like the India AI Mission, the country is positioning itself as a global AI innovation hub—despite challenges like job displacement and global competition in specific technologies.