New Delhi, Feb. 16 -- India's AI Impact Summit, which opened on Monday with a series of high-level industry dialogues, is expected to boost funding and global collaboration opportunities for the country's private enterprises, shifting focus away from a potential policy consensus among participating nations.

Three previous AI summits have been held so far-the first in the UK in 2023, followed by South Korea in 2024 and France in 2025. While each produced policy declarations, none were binding or led to an actionable outcome in international collaboration or to an impact on private companies.

Industry stakeholders said in the absence of a binding international coalition and prevailing geopolitics, India's biggest victory at the ongoing su...