We need to build smart companies in India which are highly innovative, technology driven and develop products with no substitutes across the world. We have a huge opportunity to build companies which use machine learning and data science at its core. There are several factors in favor of machine learning — a. It is currently going through a disruption and is solving problems which have been unsolved for decades at a fast pace. b. It is creating huge impact on businesses, both old and new, and the economy. c. Several of its applications do not require expensive infrastructure and have moderate to low gestation periods. d. It requires computer science and math skills, which are present in fair abundance in the Indian…Read more.