ET AI Awards 2025: Nominate now for the AI for Supply Chain & Manufacturing Excellence category

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India’s manufacturing sector is experiencing a defining transformation as artificial intelligence (AI) evolves from experimental application to strategic necessity. According to Nasscom and the Ministry of Electronics and Information Technology, 65 per cent of Indian manufacturers had adopted AI by 2024, up from 45% in 2022, whilst the domestic AI-in-manufacturing market reached USD 1.2 billion in 2025, growing at a 40 per cent compound annual growth rate (CAGR). By 2030, this market is expected to exceed USD 8 billion, positioning India among the…



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ET AI Awards 2025: Nominate now for the AI for Supply Chain & Manufacturing Excellence category



India’s manufacturing sector is experiencing a defining transformation as artificial intelligence (AI) evolves from experimental application to strategic necessity. According to Nasscom and the Ministry of Electronics and Information Technology, 65 per cent of Indian manufacturers had adopted AI by 2024, up from 45% in 2022, whilst the domestic AI-in-manufacturing market reached USD 1.2 billion in 2025, growing at a 40 per cent compound annual growth rate (CAGR). By 2030, this market is expected to exceed USD 8 billion, positioning India among the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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