Between 2014 and 2023, India has experienced the highest average annual growth in generative artificial intelligence (GenAI) innovation, according to a United Nations study. The “WIPO Patent Landscape Report on Generative AI” indicates that India ranks fifth in the number of GenAI inventions, with 1,350 inventions. China leads with nearly 40,000 inventions, followed by the US, Republic of Korea, and Japan.
In total, 4,000 GenAI-related inventions were filed during this period, accompanied by 75,000 scientific publications. In 2023 alone, over 25% of all GenAI patents and 45% of all GenAI scientific papers were published. GenAI patents are primarily focused on image and video data, followed by text and speech/music.
A report by EY in May highlighted that GenAI could increase India’s GDP by $359-438 billion by 2030, representing a 5.9-7.2% growth. Over the next seven years, the cumulative impact could reach $1.2-1.5 trillion, adding 0.9-1.1% to annual growth.
Recognizing the rapid growth and impact of GenAI technology in India, the Ministry of Electronics and Information Technology (MeitY) launched the 2-day Global IndiaAI Summit on July 3, 2024. Inaugurated by IT minister Ashwini Vaishnaw, the event featured dignitaries such as Jitin Prasada, Minister of State for MeitY, S Krishnan, MeitY Secretary, and NASSCOM President Debjani Ghosh. In his speech, Vaishnaw emphasized that while AI is a crucial tool for problem-solving, it is equally important to address associated risks through a global approach.
 innovation, according to a United Nations study. The "WIPO Patent Landscape Report on Generative AI" indicates that India ranks fifth in the number of GenAI inventions, with 1,350 inventions. China leads with nearly 40,000 inventions, followed by the US, Republic of Korea, and Japan.){kind=link}