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India's AI Leap to Mirror IT Boom, Become Global Services Powerhouse: NSE Chief

National Stock Exchange MD & CEO Ashish Kumar Chauhan stated that India is on the cusp of a major transformation in artificial intelligence, poised to become a global services powerhouse akin to its IT revolution. He emphasized that the country's young, tech-savvy population will be the driving force behind this AI adoption and growth. Chauhan highlighted that combining technological innovation with manufacturing strength will create a globally competitive ecosystem. The remarks were made at the IMC Bharat Calling Conference 2026, which focuses on building India's manufacturing and export capabilities.

Key Points: India Set for AI Revolution Like IT Boom, Says NSE CEO

  • India positioned as global AI adopter
  • Young population key to tech revolution
  • Integration of AI and manufacturing
  • Policy and partnerships crucial
  • Aim to replicate IT boom success
2 min read

India poised for major leap in AI, to become global services powerhouse like IT revolution: NSE MD & CEO Ashish Kumar Chauhan

NSE MD Ashish Kumar Chauhan says India's young population will drive AI adoption, making it a global services leader through tech and manufacturing.

"India is poised for a major leap, leveraging advanced manufacturing, AI, robotics, biotech and semiconductors - Ashish Kumar Chauhan"

Mumbai, February 27

National Stock Exchange MD and CEO Ashish Kumar Chauhan on Friday said that India is poised for a major leap in artificial intelligence and is on track to become the world's leading AI adopter and a global services powerhouse, similar to the country's IT revolution.

Chauhan made these remarks while addressing the Inaugural Session of the 'IMC Bharat Calling Conference 2026' in Mumbai.

Ashish Kumar Chauhan highlighted that India is leveraging advanced manufacturing, AI, robotics, biotech and semiconductors to strengthen its global position. He noted that the country's growth momentum is further supported by new bilateral ties with Europe, the US, UK, Australia and New Zealand.

He said that India's young and tech-savvy population played a crucial role in driving the earlier IT revolution and will similarly power the country's transformation into a global leader in AI adoption and services.

In a social media post NSE stated "Our MD & CEO, Shri @ashishchauhan addressed the Inaugural Session at the 'IMC Bharat Calling Conference 2026' in Mumbai, today as a 'Guest of Honour'. Shri @ashishchauhan mentioned that India is poised for a major leap, leveraging advanced manufacturing, AI, robotics, biotech and semiconductors"

Chauhan emphasised that India stands at a pivotal moment where it can combine technological innovation with manufacturing strength to build a globally competitive ecosystem.

He shared that the integration of AI and other emerging technologies will not only enhance productivity but also expand India's footprint in global services.

Chauhan's also noted that with the right mix of policy support, global partnerships, and technological advancement, India has the potential to replicate the success of its IT revolution in the AI era.

The Inaugural Session of IMC Bharat Calling Conference 2026 brought together visionaries, policymakers, and industry leaders to shape a collective roadmap towards "Building a Globally Competitive Manufacturing and Export Powerhouse".

The conference aims to provide a platform for discussions on strengthening India's manufacturing capabilities, boosting exports, and positioning the country as a key player in advanced technologies.

- ANI

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Reader Comments

R
Rohit P
Hopeful but cautiously optimistic. We need more than just speeches. The government and private sector must invest heavily in R&D and build the digital infrastructure first. Many tier-2 cities still lack reliable internet for true AI development.
A
Aditya G
The comparison to the IT revolution is apt. Just like we became the back office of the world, we can become its AI brain trust. But we must ensure the benefits reach beyond metros and create jobs for graduates across states, not just IITs.
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Sarah B
As someone working in tech here, the energy is palpable. The key will be applying AI to solve India's own challenges - in agriculture, healthcare, logistics - and then scaling those solutions globally. That's the real powerhouse potential.
K
Karthik V
Semiconductors and advanced manufacturing are the missing links. We can't just be service providers forever. If we can build the hardware too, as Chauhan sir mentioned, that's when we become a complete tech ecosystem. Jai Hind!
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Michael C
A respectful critique: While the ambition is great, we must also talk about ethical AI, data privacy laws, and preventing job displacement. The roadmap should include these aspects to ensure the growth is sustainable and responsible.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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