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Context: Recently UNCTAD (United Nations Conference on Trade and Development) released Technology and Innovation Report 2025. It evaluates how countries are prepared for and investing in frontier technologies, including AI, robotics, IoT etc.
Technology and Innovation Report 2025
The United Nations Conference on Trade and Development (UNCTAD) released the Technology and Innovation Report 2025 on April 7, 2025, with the theme “Inclusive Artificial Intelligence for Development.” The report highlights the potential of Artificial Intelligence (AI) to transform the economy and drive development, as well as the danger of worsening existing inequalities if not addressed inclusively.
India’s Performance in Technology and Innovation Report 2025
- India has ranked 10th worldwide in private Artificial Intelligence investments.
- It received $1.4 billion in AI funding in 2023.
- India & China are the only developing countries with significant AI investments.
- Frontier Technologies Readiness Index (2024):
- India has ranked 36th out of 170 countries, improving from 48th in 2022.