At the AI Impact Summit 2026 in New Delhi, International Monetary Fund (IMF) Managing Director Kristalina Georgieva made a powerful case. She said that India’s goal of becoming a developed nation (Viksit Bharat) can be achieved with AI-driven innovation and expansion, and that the country could harness AI to achieve its target of a $30 trillion economy by 2047 .

At the recently concluded Founders Forum India in Mumbai, Carolyn Dawson, CEO of the global platform that connects leading entrepreneurs, investors, and corporates, offered a clear diagnosis of where India’s next wave of innovation will come from. In an interaction with The Economic Times, she identified artificial intelligence and semiconductor design as the twin engines that will drive India’s next phase of global trade and innovation leadership .