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Global Trade Alert

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India: IndiaAI Mission approved for the development of Artificial Intelligence capacity

Description

On 7 March 2024, the Indian Cabinet of Ministers approved the IndiaAI Mission with a budget of INR 10'371.92 crore (USD 1.25 billion). The press release notes that the Mission will "establish a compre...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

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