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India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth Mishra

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India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth Mishra

Business News Tech AI India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth Mishra

India can unlock AI gains by opening up enterprise data, says World Bank's Neelkanth Mishra

Neelkanth Mishra from the World Bank Group highlighted the issue of enterprise data accessibility in India. He stated that 99 percent of corporate data remains untapped by AI due to reluctance in sharing information. Mishra emphasized the importance of India's Data Empowerment and Protection Architecture for controlled data sharing. The World Development Report 2026 recommends adapting existing AI tools to local needs and contexts.

India can unlock a larger share of the economic benefits from artificial intelligence by making enterprise data more accessible while ensuring that data owners retain control over its use, said Neelkanth Mishra, Executive Director at the World Bank Group. Speaking at the IndiaAI Mission and World Bank Group's India launch of the World Development Report 2026, Mishra said 99 per cent of data held by corporations remains untouched by AI, making access to enterprise data a key challenge that India needs to address as AI adoption expands. "99% of the data in corporations is untouched by AI," Mishra said, adding that companies are reluctant to share their data with AI models because "once you've shared it, it's gone".

He described this as a "complete market failure" in the data market and said India's data architecture, including the Data Empowerment and Protection Architecture (DEPA), could help address the problem by enabling controlled data sharing.


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