“Government needs to start applying…”  Industrialist Sunil Bharti Mittal on Crypto, AI advancement - video Dailymotion

ANI

New Delhi, May 29 2025 (ANI): Indian industrialist Sunil Bharti Mittal at the Inaugural Plenary of CII says, "Things have started to move very fast on crypto, and AI is also progressing rapidly. This is an area where the government needs to start applying its mind to ensure the right regulatory framework is in place, allowing India to fully benefit from these advancements. Also, I believe Mr. Goyal is doing a great job navigating the India–US trade negotiations, going back and forth to ensure positive outcomes."

Transcript

00:00All I said is, we have Mr. Vaishnav after me in the next session.

00:04I'm only saying things have started to move very fast on crypto.

00:08And of course, AI, we already discussed, is moving very fast.

00:11And this is an area where the government will have to start applying their mind

00:14on how to ensure that the right regulatory framework is available

00:18for India to make full use of AI, crypto, whenever the time comes.

00:23I don't know, CIA has been very strongly pitching for it.

00:29It made a presentation to President Covent committee as well.

00:32All I was saying was, this is an area where I think the chamber must play its role.

00:36Sir, could you speak a bit about how you are seeing the India-US negotiations on trade front

00:40and how they are progressing?

00:42I think they are progressing very well.

00:44Minister, Mr. Cohen, is doing a great job going back and forth.

00:47I am very hopeful.

“Government needs to start applying…” Industrialist Sunil Bharti Mittal on Crypto, AI advancement

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