Cyprus-India event highlights role AI in driving innovation and growth

PwC Cyprus as part of the Cyprus-India AI Impact Pre-Summit, hosted on Wednesday an event titled ‘Driving Innovation and Growth’, under the auspices of the High Commission of India in Nicosia.

The event gathered over 100 leaders from the public sector, business, and academia to explore how Artificial Intelligence (AI) can transform industries, stimulate growth, foster innovation and strengthen bilateral collaboration, a press release says.

In his opening remarks Philippos Soseilos, CEO and Chairman of PwC Cyprus, Manish Manish, High Commissioner of India in Nicosia and Demetris Skourides, Chief Scientist for Research, Innovation and Technology of the Republic of Cyprus.

In his welcoming speech,Soseilos noted that PwC Cyprus sees AI as a transformative force that fosters sustainable growth and enhances human potential.

”Together, we can leverage AI’s potential to drive economic growth, enhance efficiency, and create new opportunities across Banking and Finance, Shipping and Maritime, Retail and Distribution and manufacturing sectors”, he said.

Indian High Commissioner highlighted the transformative role of Artificial Intelligence in shaping global economies and highlighted how India is leveraging AI to accelerate innovation, enhance productivity, and strengthen governance, while ensuring ethical deployment and inclusivity.

He underscored India’s commitment to international collaboration, inviting Cypriot institutions, businesses, and startups to participate in joint AI ventures, knowledge exchanges, and innovation partnerships.

Demetris Skourides discussed and highlighted AI first strategy for the economic growth of Cyprus and stressed the need to leverage AI solutions for business productivity and efficiency.

A keynote presentation by Subhash Jangla, First Secretary at the High Commission of India, followed, offering insights into the upcoming India AI Impact Summit 2026 and India’s national strategy for AI-led development.

Two high-level panel discussions sparked engaging dialogue around the practical application and strategic potential of AI.

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