Fortune and future in AI, not fear… it’s for global good: PM Modi at AI Impact Summit
PM Narendra Modi addressed the India AI Impact Summit 2026 at Bharat Mandapam, New Delhi, asserting that AI represents "fortune and future" — not fear — and should be harnessed for global good
Modi inaugurated the summit, which ran from February 16–21, 2026, as the first global AI governance summit hosted by a Global South nation
Key themes: AI as a tool for human welfare and social equity; rejection of fear-driven narratives about AI existential risk as the dominant governance lens
Modi launched BharatGen Param2 (17B-parameter, 22 Indian languages) and highlighted Sarvam AI models as proof of India's "Made in India" AI capability
French President Emmanuel Macron and UN Secretary-General António Guterres also addressed the opening ceremony
Over 20 heads of state, 500+ AI leaders from 100+ countries, and approximately 6 lakh in-person attendees participated
AI and Human Development — The Welfare-First Governance Approach
Two broad schools dominate global AI governance discourse. The first — prominent in the US and UK — emphasises existential and catastrophic risk from advanced AI (frontier safety, alignment, autonomous weapons). The second — championed by India and much of the Global South — emphasises that AI's primary governance challenge is ensuring that its benefits reach all of humanity equitably. India's summit explicitly reframed AI governance around the Sanskrit principle सर्वजन हिताय, सर्वजन सुखाय (welfare and happiness for all).
Key Details
- Existential risk school: OpenAI, Anthropic, DeepMind; focused on AGI safety, misalignment, loss of human control
- Development school: India, African Union, ASEAN nations; focused on AI access, data colonialism, regulatory capacity
- UN AI Advisory Body (2024): Recommended a multi-stakeholder global AI governance body; India is a contributor
- EU AI Act (2024): Risk-based regulatory framework — the first comprehensive AI law globally; may become a de facto global standard
- India's position: Supports regulation but wants "flexible guardrails" not compliance barriers that entrench developed-nation advantages
Modi's "fortune not fear" framing was a deliberate counter-narrative to Western AI safety discourse — arguing that for the 4–5 billion people in the Global South, the greater risk is being excluded from AI's benefits, not harmed by AI systems they cannot yet access.
India's AI Ecosystem at the Summit — Key Announcements
The summit served as a showcase for India's AI achievements under the IndiaAI Mission. Multiple indigenous models were launched: BharatGen Param2 (government-backed, 17B parameters, 22 languages), Sarvam AI (private, 30B and 105B parameter models), and Gnani.ai (voice AI). The summit also featured country pavilions from 13 nations and attracted investment commitments from global technology companies.
Key Details
- BharatGen Param2: 17B parameters; Mixture of Experts; multimodal; trained on India-centric data; funded ₹988.6 crore
- Sarvam AI: Selected under IndiaAI Mission's Innovation Centre; ₹246.72 crore government support; 30B and 105B models
- Gnani.ai: Voice AI startup; showcased Indic language speech recognition
- BHASHINI: National language AI platform integrated with AI models for 22 Indian languages
- Investment commitments at summit: Multiple global tech firms announced India-focused AI infrastructure and R&D investment
Modi's speech was backed by tangible product launches — making "fortune and future" not merely rhetorical but demonstrated through working AI systems in Indian languages, giving the speech operational substance in front of global technology leaders.
AI Ethics and Responsible AI Development
Responsible AI refers to the development and deployment of AI systems in ways that are fair, transparent, accountable, explainable, and aligned with human values. India's approach includes the Digital India BHASHINI mission (language AI), the IndiaAI Responsible AI pillar, and the Safe and Trusted AI workgroup at the summit. The Indian government has opted for a principles-based, sector-specific regulatory approach rather than a single omnibus AI law.
Key Details
- India's AI regulatory approach: Principles-based, sector-specific; MEITY leads coordination
- NITI Aayog's Responsible AI framework: Published 2020–2021; covers fairness, accountability, transparency, safety (FATS)
- Global AI Governance: EU AI Act (2024) — most comprehensive; US Executive Order on AI (2023, revoked 2025); UK pro-innovation approach
- Alignment with UN principles: India supports UNESCO Recommendation on the Ethics of AI (2021), which India adopted
- Key concern for India: Algorithmic bias affecting marginalised communities; linguistic exclusion of non-English speakers
Modi's emphasis on AI for "global good" aligns with UNESCO's ethics framework and India's own NITI Aayog guidelines, while pushing for governance models that do not inadvertently marginalise developing-country AI aspirations through compliance requirements designed for well-resourced regulatory systems.
- Summit dates: February 16–21, 2026, Bharat Mandapam, New Delhi
- In-person attendance: ~6 lakh; virtual views: 9 lakh+
- Countries: 100+; heads of state: 20+; Delhi Declaration signatories: 88+
- Key international speakers: Emmanuel Macron (France), António Guterres (UN Secretary-General)
- BharatGen Param2: 17B parameters, 22 Indian languages, ₹988.6 crore funding
- Sarvam AI models: 30B and 105B parameters; IndiaAI support: ₹246.72 crore
- Summit theme: सर्वजन हिताय, सर्वजन सुखाय (welfare and happiness for all)
- India's AI governance framework: M.A.N.A.V. — Multilateral, Accountable, National sovereignty, Accessible, Valid