Thursday, February 19, 2026
News

"India positioned to take leadership role in developing AI for the world", says Philips CEO Roy Jakobs

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | February 19, 2026 1:21:00 PM IST
India has always been a powerhouse in software and is now positioned to take a leadership role in developing Artificial Intelligence for the world, said Roy Jakobs, CEO of Royal Philips, on Thursday.

Speaking to ANI at the sidelines of the India AI Impact Summit 2026 in New Delhi, Jakobs said, "I strongly believe that India should be a powerhouse in AI. India has always been a powerhouse in software. I think India is very well positioned to take a leadership role, not only developing AI for India, but also developing AI for the world."

Jakobs noted that Philips, which has operated in India for 97 years, maintains its largest population of software innovators in the country. These innovators are currently focused on AI development. "As Philips, we have been in India for 97 years. We have the biggest population of software innovators in India, and they're now working on AI," Jakobs said.

The CEO highlighted healthcare as the primary sector that stands to benefit from these technological advancements. "Healthcare is, in my view, the primary area that will benefit most, but also have the most necessity to use AI for the big challenges we have in healthcare. There are too many patients, too many disease states and not enough people, but also not enough cost to take care of that. So innovation and AI innovation have to step in to really help solve that problem," he explained.

Regarding the impact on the global South, Jakobs emphasised that AI can make healthcare more accessible to large populations. He stated that the technology allows for the digitisation of services, moving care away from centralised hospitals and into rural areas.

"You can actually serve all of India, not only the populated cities," he said, adding that AI brings healthcare to the people instead of requiring people to travel to hospitals.

Jakobs also stressed the importance of a collaborative ecosystem involving the government and policymakers to ensure AI progresses in a responsible manner. He noted that forums like the AI Summit are critical for bringing together stakeholders to navigate the development of the technology.

"Innovation and AI innovation have to step in to really help solve that problem," Jakobs said in reference to global healthcare demands. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
SATRAC Inaugurates South Asia's Largest ...
SONRISA Introduces Science-First Korean ...
Critical minerals are critical to India'...
'India positioned to take leadership rol...
SIBM Nagpur Records Strong Placement Out...
MILAN 2026: A Showcase of Diplomatic Tie...
More...
 
INDIA WORLD ASIA
Claim by 'China Pulse' concerning Ashwin...
Assam: Male Rhino found dead in Pobitora...
CRPF sets up 43 high-altitude bases in J...
Two workers die of suffocation after fal...
Delhi Police arrest man impersonating as...
Brazilian national arrested with 4.776 k...
More...    
 
 Top Stories
Vivo V70 Elite 5G Is Here to Redefi... 
JioHotstar, OpenAI launch ChatGPT-p... 
PM Modi holds a bilateral meeting w... 
"Exciting to see this much interest... 
'Toxic' teaser to drop on Feb 20, m... 
Former British Prince Andrew arrest... 
How Managed Farmland Is Emerging as... 
Summer 2026 AC Guide: Top picks, de...