Data Of Indian Users Should Remain Within India: Reliance Jio
Reliance Jio Calls Upon Govt For Local Data Storage
By Sanjay Singh
New Delhi, October 17: India’s largest telco, Reliance Jio has urged the government to formulate policy that ensures that data generated by Indian users remain within the country as the scale and speed of multilingual data generation in India will grow exponentially, which further driving the AI revolution.
Speaking at IMC and ITUWTSA 2024 here in the national capital, Reliance Jio Chairman Akash Ambani pitched for “incentives” including that on electricity for Indian companies ready to set up AI and machine learning data centers. Ambani termed AI as a revolutionary tool for the transformation of every area including healthcare, education, agriculture and manufacturing, and emphasized it is “critical” in realizing India’s vision for a developed nation by 2047.
“AI is critical for realizing our dream of Viksit Bharat by 2047. Therefore, India under your leadership should urgently embrace AI with a holistic strategy driven by maximum ‘atma nirbhar’ efforts,” he said at the event which was inaugurated by Prime Minister Narendra Modi.
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Jio, he said, is making all-out efforts to bring the benefits of AI to every Indian, everywhere, just as it did for mobile broadband. “We are committed to democratising AI, offering powerful AI models and services to everyone in India at affordable prices,” Ambani said. He described Artificial Intelligence as the most revolutionary tool of transformation invented by the human mind, and said it will disruptively transform every aspect of lives, every facet of the society, and every sector of the economy.
It will “bring in an era of unimaginable abundance and efficiency”, he said, citing the potential for transformation in sectors such as manufacturing, education and agriculture.
“With AI, India has the potential to completely transform the manufacturing sector, including SMEs, so that India becomes the New- Age Factory and New-Age Services Centre for the World… The agriculture sector, so that our farmers can become prosperous by growing more with less water,” he said on the power and potential of artificial intelligence.
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AI in the health sector will make quality healthcare a reality and in the education sector it will ensure that every Indian student can have the best learning opportunities. Jio is laying the groundwork for a national AI infrastructure, he added. Ambani further observed that the scale and speed of multilingual data generation in India, which will drive the AI revolution, will grow exponentially.
India’s Data Centre industry is currently undergoing a massive disruption, led by long-term stable capital chasing both yield and growth returns and propelled by hyperscale tenancy and AI respectively. India is among the fastest-growing Data Centre markets globally and we estimate that it will grow at a CAGR of 26% over the next three years to reach 2,000 MW by December 2026.
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