As the world witnesses a surge in the integration of artificial intelligence (AI) across various sectors, Uttar Pradesh, India’s largest state, has announced ambitious plans to construct the nation’s inaugural AI city in Lucknow. This strategic move aims to foster and propel the AI ecosystem to new heights.
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Pioneering the AI Landscape
Uttar Pradesh Electronics Corporation Ltd has recently issued an Expression of Interest (EoI) for the Design, Development, and Operation of the AI City, signaling the state’s commitment to embracing cutting-edge technology.
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Lucknow’s AI Hub
Lucknow, already home to Centres of Excellence in AI and MedTech, including the AI COE at IIIT Lucknow, stands as a testament to the city’s commitment to innovation. With a focus on nurturing creativity and entrepreneurship, these centers support over 15 AI/ML start-ups, making Lucknow a potential hub for groundbreaking advancements.
Blueprint for the AI City
The AI city envisions integration with top-tier technology, research centers, and educational institutions. It aims to create an environment conducive to the flourishing of ideas and the cultivation of a skilled workforce. The EoI invites real estate developers to partake in this monumental project, emphasizing the creation of Grade A office spaces tailored for incubators, start-ups, and corporate entities.
Government Support and Financial Incentives
In a proactive move, the government has earmarked 40 acres in the Nadarganj Industrial Area for the AI city. The chosen area is free from encumbrances and equipped to support land acquisition and zoning regulations. Financial incentives, including one-time Capex support and stamp duty exemptions, will further encourage the developer to contribute to this initiative.
Shaping the Future Economy
The AI city is not merely a physical space. It is a comprehensive initiative aligning with UP’s goal to become a $1 trillion economy within the next five years. With a keen focus on core sectors like IT and ITeS, the state aims to further boost its IT ecosystem. The first step to this is developing emerging technology hubs in Tier 2 cities, positioning Lucknow as a key player.
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Our Say
As Uttar Pradesh paves the way for India’s first AI city, it demonstrates a commitment to technological advancement. Moreover, it also positions India as a leader in the global AI landscape. The government’s proactive measures and strategic partnerships with real estate developers showcase a forward-thinking approach. India looks forward to the AI city becoming a beacon of innovation and economic growth for the state and the nation as a whole.
