Sitharaman: AI, semiconductors and quantum tech are India's next major frontier

India's Finance Minister Nirmala Sitharaman called for greater investment in AI infrastructure, semiconductors and quantum technology, calling them the country's next major frontier. She said the absence of AI companies on the NSE and BSE creates a false impression that India has missed the AI wave, and urged startups to list.

• Sitharaman named AI, chips and quantum tech as India's next major investment frontier
• She said the lack of AI listings on NSE and BSE distorts perceptions of India's progress
• The minister urged startups to go public despite compliance burdens
• She also flagged investment potential in defence tech such as drones and unmanned systems