India, Feb. 18 -- There's a strange dissonance when one talks about India and AI. This month, the Indian IT services industry was hit by the so-called "SaaSpocalypse", and the brute power of AI became evident to anyone who had any doubts about it. Tech companies across the globe felt the heat, tumbling on their respective exchanges, and Indian tech giants were no exception.

As the dust engulfing the bearish sentiment began to settle, India's capital, New Delhi, has become home to holographic displays, mega exhibitions and high-level discussions on the future of AI, regulations, and infrastructure problems at its core.

Hundreds of billions of dollars have been committed for the AI vision that's central to the India AI Impact Summit, whic...