India ranks tenth with $1.4 billion private investment in Artificial Intelligence: United Nations report
The Hindu
India ranks 10th in global AI investments, improving readiness for frontier technologies, with significant private and government collaboration.
“India and China are the only developing countries in the world with significant private investments in Artificial Intelligence (AI) in 2023,” according to a United Nations (UN) report. India ranks tenth.
The 2025 Technology and Innovation Report, issued by UN Trade and Development (UNCTAD), also states that India ranked 36th in 2024 on the ‘Readiness for Frontier Technologies’ index, improving its position from 48th in 2022.
“India ranks 36th out of 170 nations on a global index measuring a country’s readiness for frontier technologies, improving its ranking from last year,” according to the report. The index combines indicators for ICT deployment, skills, Research and Development (R&D) activity, industrial capacity, and access to finance.
Implications of the AI Diffusion Framework
“India ranks 99th for ICT, 113th for skills, third for R&D, tenth for industrial capacity and 70th for finance. Bhutan, India, Morocco, the Republic of Moldova, and Timor-Leste improved their positions in human capital owing to more years of schooling and a greater share of high-skill employment in their working populations,” the report said.
The report also notes that China, Germany, India, the United Kingdom, and the United States show scientific strength in the field of AI. The U.S. leads the world in terms of private investment in AI, at $67 billion in 2023, or 70% of global AI private investment.
The only developing countries with significant investments were China in second position, with $7.8 billion and India in tenth position, with $1.4 billion, according to the report. The report noted that AI is expected to reach $4.8 trillion in market value by 2033, becoming a prominent force in digital transformation.
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