India ranks 10th with $1.4 billion private investment in AI: UN report

New Delhi: India and China are the only developing countries in the world with significant private investments in AI in 2023, according to a UN report. India ranks tenth.
The 2025 Technology and Innovation Report, issued by UN Trade and Development (UNCTAD), also states that India ranked 36th in 2024 on the ‘Readiness for Frontier Technologies’ index, improving its position from 48th in 2022.
India ranks 36th out of 170 nations on a global index measuring a country’s readiness for frontier technologies, improving its ranking from last year, according to the report.
The index combines indicators for ICT deployment, skills, research and development (R&D) activity, industrial capacity, and access to finance.
India ranks 99th for ICT, 113th for skills, 3rd for R&D, 10th for industrial capacity, and 70th for finance.
Bhutan, India, Morocco, the Republic of Moldova, and Timor-Leste improved their positions in human capital due to more years of schooling and a greater share of high-skill employment in their working populations, the report said.
The report also notes that China, Germany, India, the United Kingdom, and the United States show scientific strength in the field of Artificial Intelligence (AI).