New Delhi, Jan. 16 -- Indian technology leaders have voiced concerns over new U.S. regulations restricting AI chip exports, warning of potential setbacks to India's artificial intelligence development ambitions.

Industry experts suggest the restrictions could impede access to crucial GPUs and drive up procurement costs for Indian enterprises.

Ashok Chandak, president of the India Electronics and Semiconductor Association (IESA), emphasised that the regulations could particularly impact large-scale AI data centers requiring hundreds of thousands of GPUs, potentially putting Indian companies at a competitive disadvantage globally.

This comes at a crucial time when India's National AI Mission is working to establish infrastructure with ov...