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Feb 20, 2017· Watch video· Microsoft CEO Satya Nadella spoke at a public event in India on Monday, stressing upon the immense potential of artificial intelligence (AI), calling it the "ultimate breakthrough" in technology.

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India's economy is best-known for its information technology and business process outsourcing industries, but the country also ranks second worldwide in farm output and 12th in the world in terms of nominal factory output.

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India is a member of three multilateral export control regimes — the Missile Technology Control Regime, Wassenaar Arrangement and Australia Group. It has signed and ratified the Biological Weapons Convention and the Chemical Weapons Convention .

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