At India Today Conclave 2025, Rahul Kanwal, Executive Director of Business Today, sits down with Nitin Mittal, Principal at Deloitte Consulting; US Generative AI Innovation Leader Global Consulting Emerging Markets Leader, to explore why India, despite its vast IT talent, has yet to produce a groundbreaking AI innovation like China's DeepSeek. In this engaging discussion, Nitin Mittal highlights a key distinction—India's strength lies in applying technology rather than pioneering product innovation. While China has focused heavily on AI research and development. India’s tech industry has primarily been application-driven, catering to corporations, employees, and customers. Nitin Mittal, however, believes that India’s moment in AI is inevitable. He argues that AI innovation is now happening in weeks and days, rather than years or months, and that India’s progress should not be judged by a single breakthrough but as a continuous evolution. He points out that incremental innovations led by Indian firms and professionals are already making an impact globally. Will India shift its focus from AI applications to AI creation? Find out in this insightful conversation!