Prime Minister Narendra Modi has launched the Wadhwani Institute for Artificial Intelligence (Wadhwani AI) in Mumbai on Monday, which is said to be the first research institute in India that is dedicated towards finding artificial intelligence (AI) solutions for social good, reported Economic Times.

The project will not just be a first for India but the world as well.

A sum of $30 million has been committed to the institute in the first 10 years. The Maharashtra government will help the institute identify problems, and test and scale the solutions.

The institute will focus on researching ways to harness the power of AI to solve deep rooted problems in healthcare, education, agriculture, and infrastructure to accelerate social development.

Wadhwani AI is an initiative of two NRI billionaires -- Sunil Wadhwani and Romesh Wadhwani. Sunil is a Pennsylvania-based co-founder and co-chairman of Mastech Digital, Inc. while Ramesh is a founder of California-based Symphony Technology and was named as one of the richest men in the US in 2016.

"Wadhwani AI is a prime example of how the public sector and the private sector can come together with good intentions to build a world-class institute, aimed at benefiting the poor," said Prime Minister Narendra Modi while inaugurating the institute.

Wadhwani AI is partnering with the government of Maharashtra for its mission to create AI solutions for social impact. The Maharashtra government will help the institute identify problems, and test and scale the solutions.

Through its partnership with Mumbai University and other institutions, Wadhwani AI aims to create a talent ecosystem in AI and Data Science.

It may be recalled that last week Maharashtra govt. has also announced to bring India’s first artificial intelligence centre in alliance with Canadian government.

Few days back, tech giant Adobe has also announced to establish an AI Lab in Hyderabad.

Yesterday, Telangana state government has also announced that it will establish a Centre of Excellence (CoE) for Data Science and Artificial Intelligence in Hyderabad, in association with IT industry's apex body NASSCOM.

Recently, India’s IT ministry has also constituted four committees to thoroughly study on various aspects of Artificial Intelligence for citizen-centric use.

Last July, Karnataka state government had too announced that it will set up a Centre of Excellence for data science and artificial intelligence along with Nasscom as its programme and implementation partner.

In September 2017, Karnataka state government had too announced that Bengaluru will soon have India’s first multi-faceted artificial intelligence and robotics centre to established in IIIT-Bengaluru campus.

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