'From no bank account to same vendor accepting online payments': Macron praises India's AI shift as 'civilisational'

'From no bank account to same vendor accepting online payments': Macron praises India's AI shift as 'civilisational'

At the India AI Impact Summit held at Bharat Mandapam in New Delhi, French President Emmanuel Macron took center stage to highlight India's remarkable digital transformation. He began his address by referencing a story about a street vendor in Mumbai, illustrating how far the nation has come in its digital journey. A decade ago, this vendor struggled to open a bank account due to a lack of formal identification and documentation. Today, however, he can seamlessly accept digital payments from anywhere in the country without incurring any fees. "This isn't merely a technological advancement; it's a profound civilizational change," Macron asserted. He praised India's digital public infrastructure, which includes a comprehensive digital identity system for 1.4 billion citizens, a payments network that handles 20 billion transactions monthly, and 500 million digital health IDs. He described the India Stack as open, interoperable, and sovereign, emphasizing its role in this transformation. Macron also addressed the importance of talent in the AI sector, noting that India trains hundreds of thousands of AI engineers annually, making it home to the world's second-largest developer community with over 500,000 engineers. In contrast, he mentioned that France is increasing its output of AI scientists and currently hosts more than 1,100 AI startups. He expressed ambitions for European advancements in quantum computing, outlining France's investments across key technologies to establish Europe as a leader in this field. In his remarks, Macron highlighted that the most effective AI solutions are not necessarily the most expensive but are instead those developed by skilled individuals aligned with societal needs. He emphasized that inclusivity should be seen as an asset rather than a limitation. India's AI ecosystem is already providing tools for 200 million farmers in their native languages, offering travel assistance to 400 million pilgrims, and enhancing healthcare services in rural areas—all built on open and affordable digital infrastructure. Macron also touched on the broader impact of AI in Europe, where it is optimizing energy systems, improving logistics, and reforming healthcare management while ensuring data protection for citizens. He countered claims that Europe is excessively regulatory by arguing that innovation and safety can coexist, stating, "Safe spaces win in the long run." A priority shared by both leaders is the protection of children from online dangers. Macron stressed that there is no justification for exposing children to content online that is prohibited in the physical world. He announced France's plans to ban social media access for children under 15 and expressed support for India's initiative to adopt similar child safety measures.

Sources : Business Today

Published On : Feb 19, 2026, 06:00

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