‘AI will become job creator for India, not a threat’: Piyush Goyal says India should leverage AI for growth

Union Commerce and Industry Minister Piyush Goyal said on Sunday that Artificial Intelligence (AI) should be seen as an opportunity rather than a threat. He added that the technology will ultimately create jobs and new business opportunities in India.

Speaking at the Financial Express Best Banks Awards 2026 in Mumbai, Goyal urged businesses to move beyond using AI tools as simple search engines and instead focus on understanding and applying the technology across organisations. “AI is not a threat, it is an opportunity for each of you,” Goyal said during a conversation at the event.