BusinessStartupsTechnology Maharashtra Govt to Introduce AI Policy for Industrial, Business, and Governance Growth by Arti Singh January 2, 2025 January 2, 2025 Share 0FacebookTwitterPinterestTumblrWhatsappEmail 351 The Maharashtra government is taking significant strides towards becoming a leader in the Artificial Intelligence (AI) domain Policy. Under the guidance of Information and Technology Minister Ashish Shelar, the state is preparing to draft its first independent AI policy. This initiative aims to position Maharashtra as a hub for AI-driven industries, create job opportunities, and attract global businesses. Aligning with the national India AI Mission, which focuses on advancing AI capabilities across the country, Maharashtra’s policy will emphasize the aggregation of non-personal datasets, AI innovation centers, and skill development programs to enhance the AI ecosystem. Maharashtra Govt Planning To Draft AI Policy Soon Introduction The Maharashtra government, led by its Information and Technology Minister Ashish Shelar, has announced plans to draft a comprehensive Artificial Intelligence (AI) policy. This decision underscores the state’s commitment to leveraging AI technology to revolutionize industries, governance, and business landscapes. The proposed AI policy is set to align with the India AI Mission, a national initiative launched in March 2024 with a funding allocation of ₹10,372 crore. The mission emphasizes key areas such as dataset platforms, AI application development, and innovation centers, all of which will be integral to Maharashtra’s AI aspirations. Understanding the Working Model and Vision The Maharashtra government’s AI policy will focus on: Aggregating Non-Personal Datasets: Building a robust database for startups, researchers, and businesses to access and develop AI applications. Facilitating seamless integration with AI language models for specialized services. AI Innovation Centers: Establishing state-of-the-art centers to drive innovation in AI. Promoting research and development for cutting-edge AI technologies. Future Skills Program: Offering skill development programs to equip the youth with AI-related competencies. Creating employment opportunities in emerging AI sectors. Revenue Model and Economic Impact The revenue model of this AI initiative revolves around: Attracting Investments: Maharashtra aims to attract investments from global tech giants and venture capitalists in AI. Industrial Growth: By integrating AI into traditional industries, the state will enhance productivity and economic output. Startup Ecosystem: Encouraging the growth of AI startups through funding, mentorship, and access to datasets. Funding and Alignment with National Goals Minister Shelar emphasized the importance of aligning Maharashtra’s AI aspirations with the India AI Mission. Key components include: ₹10,372 crore allocation for national AI advancements. Initiatives like the India AI Datasets Platform and AI Innovation Centers. Central government’s plan to begin aggregating non-personal datasets from January 2025. These measures will enable Maharashtra to access national resources and position itself as a leader in the AI revolution. Services and Products to be Impacted The AI policy aims to impact various sectors: Healthcare: Advanced diagnostic tools and personalized treatments. Agriculture: AI-driven precision farming techniques. Education: Smart learning platforms and AI-enabled curriculums. Governance: Efficient public services and data-driven decision-making. Industries: Enhanced manufacturing processes and AI-powered supply chains. Background of the Initiative The AI revolution in India gained momentum with the launch of the India AI Mission in March 2024. Recognizing the transformative potential of AI, Maharashtra’s IT department began exploring ways to integrate AI into its industrial and governance frameworks. Minister Shelar’s proactive approach has been instrumental in driving this initiative forward. The state has already demonstrated its technological prowess by hosting innovation hubs and collaborating with tech giants. The upcoming AI policy is another step towards reinforcing Maharashtra’s position as a technology leader in India. Learnings for Startups and Entrepreneurs Embrace AI: Startups should explore AI integration in their products and services to stay competitive. Leverage Opportunities: Utilize resources like datasets and innovation centers to scale operations. Upskill Workforce: Invest in AI-related skill development for employees. Collaborate with Government: Align business strategies with government initiatives to maximize growth potential. About The Startups News At The Startups News, we bring you the latest updates on technological advancements and entrepreneurial opportunities. From AI policy news to startup trends, we are your go-to source for insights into the dynamic world of business and innovation. Stay informed, stay ahead, and let us guide you on your journey to success in the startup ecosystem. AI Technologygovermentsindia technologyindianewsMaharashtra Share 0 FacebookTwitterPinterestTumblrWhatsappEmail Arti Singh Arti Singh is a news writer at FoundLanes, where she covers the latest developments in startups, entrepreneurship, and business innovations. With a keen eye for emerging trends and a passion for storytelling, she brings insightful and well-researched articles that keep readers informed about the fast-paced startup ecosystem. At FoundLanes, Arti focuses on breaking news, founder stories, and industry analysis, ensuring that her reports are both accurate and engaging. She has a strong interest in covering investment trends, technological advancements, and policy changes affecting startups. Her writing style is crisp, data-driven, and easy to understand, making complex business topics accessible to a wide audience. Arti is committed to delivering high-quality content that adds value to entrepreneurs, investors, and industry professionals. 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