Confederation of Indian Industry (CII) has announced that a new forum on Artificial Intelligence (AI) has been established. Chaired by Sandip Patel, Managing Director, IBM India/South Asia, the  CII AI Forum prioritises AI as a driver of economic and business revival.

CII AI Forum will focus on building a strong AI ecosystem in India by building awareness at scale; enhancing capabilities by skilling/reskilling workforce for the future; working with the government in shaping conducive policy and regulatory regime; encouraging public-private partnerships in research & development, and facilitating pilot implementation of AI solutions in priority sectors.

The sectors that have been prioritized for this year are: Banking and financial services industries (BFSI), retail, social (healthcare) and manufacturing (automotive).

“As the economy moves into the recovery and revival phase, the transformational potential of responsible AI-driven solutions can be used to fuel India’s growth story in a big way. CII AI Forum will look at initiatives to spur local innovations. This will make AI adoption a reality and further the national agenda of Digital India and Make in India for India and the world. More importantly, the forum will work on policies to embed trust and transparency into AI applications and processes, a critical step in realizing true promise of the technology for business, society and the world”, said Patel.