Design and Develop in India and Deliver to the World holds the key: PHDCCI

Design and Develop in India and Deliver to the World holds the key: PHDCCI

The keynote address of the Prime Minister in AI Impact Summit 2026 in New Delhi, noted that the world economy is on an inflection point in artificial intelligence. “India is on the cusp of its own AI revolution, given the largest youth population and one of the most extensive technology talent pools”, says Mr. Rajeev Juneja, President, PHDCCI.

Artificial intelligence as a transformative force will reshape economic structures, governance systems, and patterns of work and given the exceptional speed, scale and depth sooner than we think, he said.

Prime Minister’s reiteration of Summit theme—Sarvjan Hitay, Sarvajan Sukhay (Welfare for All, Happiness for All) is the right step towards democratizing artificial intelligence for all, he added.

India’s AI-driven solutions in agriculture, national security, multilingual services, and accessibility for persons with disabilities reflects India’s growing capabilities in indigenous innovation and scalable public-interest technologies, he said.

India’s guiding framework for AI governance under the acronym M.A.N.A.V. (Human)—Human Vision for AI:

• M – Moral and Ethical Systems: Establishment of robust ethical guidelines for AI development and deployment.
• A – Accountable Governance: Transparent regulatory frameworks and institutional oversight.
• N – National Sovereignty: Protection of data rights and national interests in digital ecosystems.
• A – Accessible and Inclusive: Prevention of monopolization; ensuring AI serves as a multiplier for societal progress.
• V – Valid and Legitimate: Emphasis on verification, authenticity, and technical reliability.

Large-scale investment in skilling, reskilling, and lifelong learning to ensure workforce readiness has the capacity to take away the fear of unemployment and at the same time prepare India for next generation technology frontier, he added.

The Prime Minister’s articulation of India’s support for open collaboration in AI development, while at the same time recognising that AI-leading nations shall treat AI development as a collaboration effort with open standards, and shared code treating it as a Global Common Good, he added.

India is moving fast on its commitment to building a technological ecosystem encompassing semiconductor manufacturing, chip design, quantum computing, secure data centres, he said.

Prime Minister’s commitment to “Design and Develop in India” and “Deliver to the World” showcases emerging AI-led development opportunity for India rather than fear of job loss, and India will navigate this with confidence and with ethical governance, said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.