India’s journey in artificial intelligence is reaching an inflection point as AI is projected to play a crucial role in fast-tracking the government's target of a one trillion-dollar digital economy by 2028. At the centre of India’s AI strategy is the IndiaAI Mission. The mission, launched in March 2024, is leading India’s innovation and digital transformation to democratise AI for all. While steady progress has been made in India’s AI ecosystem, with the launch of Sarvam AI, AIKosha, and IndiaAI FutureSkills Initiative, challenges persist as India aims to position itself as a global AI leader, balancing ambitious innovation with inclusive growth, strong governance, and cross-sectoral collaboration. In this episode, Mriganika Singh Tanwar, Research Analyst, ISAS-NUS, is in conversation with Mr Jibu Elias, Country Lead (India), Responsible Computing Challenge, Mozilla Foundation, US, to discuss the opportunities and risks in shaping the future of India’s AI revolution. The discussion draws on the developments in IndiaAI mission, specifically the ethical, regulatory, sectoral, and functional challenges that India needs to address to retain technological sovereignty in AI space and influence global AI governance.