Experts Highlight India's Need for Foundational AI Research and Mindset Shift

At the ET AI Awards 2025, Wingify founder Paras Chopra emphasized that India is far from developing frontier AI models, citing a significant compute capacity gap with the US and a prevailing business mindset focused on short-term profits. Chopra urged Indian companies to invest in foundational AI research and reinvest capital from successful exits into deep science. Peeyush Ranjan of Meraki Labs highlighted the potential for India to leapfrog by building AI solutions relevant to its context, advocating a builder's mindset and creative problem-solving to compete globally.