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.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Real Estate

28 Feb 2026

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Infrastructure Energy

28 Feb 2026

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..