Transforming Indian Manufacturing: A Silicon Valley Ambition
Indian manufacturing is poised for a technological upgrade with Ankit Kedia advocating for a Silicon Valley-like ecosystem. By leveraging affordable AI, particularly in Tier-II and -III cities, the sector aims to attract global investments and build a sustainable manufacturing base for the future.
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Bengaluru-based investor Ankit Kedia envisions a transformative future for Indian manufacturing, where technology plays a central role in creating a Silicon Valley-style ecosystem. He emphasized the need for technological adoption, especially artificial intelligence, to attract global investments and sovereign funds.
Kedia, speaking at the Super AI conference, highlighted the importance of building low-cost manufacturing units in India's Tier-II and Tier-III cities. His Capital-A Fund-2 aims to raise Rs 400 crore to support these initiatives, concentrating on creating a robust manufacturing foundation for the next 15 years.
The government's incentives and India's domestic market strength offer further confidence to investors globally. As AI-automation becomes prevalent, Indian manufacturers are better positioned to communicate in real-time with international clients, thereby expanding their market reach and competitiveness.
(With inputs from agencies.)
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