This report by the Ministry of Industry, Science Technology & Innovation (MISTI) highlights the importance of harnessing AI for social good and ensuring its inclusiveness and responsiveness to change. AI has been implemented and adopted in industry for a variety of purposes, including manufacturing, healthcare, retail, banking and the Public Sector in the country. The report has listed some challenges and concerns that come with the use of AI, such as the need for massive amounts of data and computing time, and the need to focus on innovation, critical thinking, and STEM in the educational system.