India AI Impact Summit 2026 Draws Strong Global Participation

04 Feb 2026 CW Team

The press conference, organised by the Ministry of Electronics and Information Technology, outlined key milestones as India prepares to host the first global AI summit in the Global South from 16–20 February 2026 at Bharat Mandapam, New Delhi. The event was attended by Minister of State Jitin Prasada, Principal Scientific Adviser Ajay Sood, and senior officials.

Shri Vaishnaw said leading IT companies have developed more than 200 sector-specific AI models, many of which are proposed to be launched during the Summit. He added that nearly USD 70 billion has already been invested in the AI infrastructure layer, with potential for this to double by the end of the Summit. AI talent development will also be expanded by extending AI infrastructure and industry-aligned curricula to 500 universities.

During the briefing, MeitY launched a compendium titled ‘The Impact Agenda: Leadership Reflections’, featuring insights from around 60 industry experts on the future of AI and its role in inclusive growth and innovation.

Secretary, MeitY S. Krishnan said the Summit aims to democratise AI and ensure its benefits reach a broad section of society. He noted that all seven thematic working groups anchored around People, Planet and Progress have completed deliberations, while seven regional AI Impact Conferences and over 480 pre-Summit events have helped ground national AI priorities in regional contexts.

The Summit week will feature more than 500 curated events, including the AI Impact Expo with over 840 exhibitors. Participation has been confirmed from 15 Heads of State or Government, over 40 Ministers, 100+ CEOs and CXOs, and leading global technology companies, reinforcing India’s push for safe, trusted and inclusive AI adoption.

The India AI Impact Summit 2026 has received a strong global response and is shaping up to be one of the largest AI gatherings worldwide, according to Union Minister for Electronics and Information Technology Ashwini Vaishnaw. Addressing a high-level press conference ahead of the Summit, he said India’s AI ecosystem is developing in a systematic, deployment-led manner with a clear focus on real-world applications.The press conference, organised by the Ministry of Electronics and Information Technology, outlined key milestones as India prepares to host the first global AI summit in the Global South from 16–20 February 2026 at Bharat Mandapam, New Delhi. The event was attended by Minister of State Jitin Prasada, Principal Scientific Adviser Ajay Sood, and senior officials.Shri Vaishnaw said leading IT companies have developed more than 200 sector-specific AI models, many of which are proposed to be launched during the Summit. He added that nearly USD 70 billion has already been invested in the AI infrastructure layer, with potential for this to double by the end of the Summit. AI talent development will also be expanded by extending AI infrastructure and industry-aligned curricula to 500 universities.During the briefing, MeitY launched a compendium titled ‘The Impact Agenda: Leadership Reflections’, featuring insights from around 60 industry experts on the future of AI and its role in inclusive growth and innovation.Secretary, MeitY S. Krishnan said the Summit aims to democratise AI and ensure its benefits reach a broad section of society. He noted that all seven thematic working groups anchored around People, Planet and Progress have completed deliberations, while seven regional AI Impact Conferences and over 480 pre-Summit events have helped ground national AI priorities in regional contexts.The Summit week will feature more than 500 curated events, including the AI Impact Expo with over 840 exhibitors. Participation has been confirmed from 15 Heads of State or Government, over 40 Ministers, 100+ CEOs and CXOs, and leading global technology companies, reinforcing India’s push for safe, trusted and inclusive AI adoption.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..