New Delhi: Chief Minister Dr. Mohan Yadav visited the exhibition stall of NeevCloud at the India AI Impact Summit 2026 in New Delhi, where he interacted with the company’s Founder and CEO, Shri Narendra Sen, to learn about its activities and future plans.
Shri Sen explained that the Indore-based NeevCloud was established with the goal of making India technologically self-reliant. The company is developing indigenous AI and cloud infrastructure to ensure that the country’s data remains secure within India. Currently, over 150 skilled professionals are engaged with NeevCloud and RackBank, contributing to engineering, AI, cloud computing, data centre operations, and research.
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NeevCloud Develops Indigenous AI Chip and Plans ₹10,000 Crore Investment in AI Infrastructure
Shri Sen further shared that the company is working on the development of an indigenous AI chip, aimed at reducing foreign dependency, safeguarding sensitive data, and ensuring India’s control over strategic technologies. To date, the company has secured an investment of ₹700 crore and plans to invest ₹10,000 crore over the next five years to strengthen AI infrastructure, data centres, and semiconductor technologies in India. Through RackBank, the company is also establishing energy-efficient, high-density AI data centres, which are expected to generate employment and promote skill development.
मध्यप्रदेश में बनेगा आर्टिफिशियल इंटेलिजेंस (AI) का पूरा ईको सिस्टम…
भारत मंडपम, नई दिल्ली में चल रही “India AI Impact Summit 2026” में आज वैश्विक तकनीकी कंपनियों के प्रतिनिधियों से चर्चा की। उन्हें प्रदेश में निवेश की संभावनाओं से अवगत कराया। गूगल पैवेलियन में राज्य में AI के… pic.twitter.com/lpqAI9QFz9
— Dr Mohan Yadav (@DrMohanYadav51) February 20, 2026
Appreciating the initiative, CM Dr. Yadav said that AI, cloud, and data infrastructure will play a pivotal role in building an Aatmanirbhar Bharat. He added that such innovations will significantly enhance India’s digital capabilities and technological self-reliance.