Govt to invest in AI-backed startups as seed investors; plans to offer translation services in Indian languages

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With an aim to offer translation services in Indian languages, the ministry of electronics and information technology (MeitY) has planned to be a seed investor for over 100 AI-backed startups, reported Inc42.

The MeitY has planned this development under the natural language translation mission. The mission is a 100-day action plan, which is one of the key missions of Prime Minister Narendra Modi‘s Science, Technology and Innovation Advisory Council (PM-STIAC).

The government’s seed fund will be open for the private use of companies and startups, who wish to further penetrate into the Indian market and offer its services in the local Indian languages, a senior government official said.

The government, as a seed investor, wants to assist the startups to build technology and use it to make Parliament and Election Commission records available in local Indian languages as an initial database for the service.

However, the government’s eventual aim is to provide speech-to-speech translation in Marathi and Gujarati, besides Hindi. The government will further widen the language pool to include other local languages.

Due to its AI and machine learning capabilities, the platform will adapt to changes and is expected to become more accurate once it comes to use.

Therefore the government has decided to start off with parliamentary records, which have longer sentences and legal languages, which big platforms like Google are unable to translate efficiently.

The aim of the natural language translation mission is to provide research opportunities, studies and teaching the local language speaking masses for technical education and research.

Furthermore, the MeitY is planning to engage the Indian Institute of Technology Madras, the International Institute of Information Technology Hyderabad, the Centre for Development of Advanced Computing in Pune and the Indian Institute of Science for the same.

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