AI to add $1.7 trillion to India’s economy by 2035: Govt

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Artificial Intelligence (AI) could add as much as $1.7 trillion to India’s economy by 2035, positioning the technology as one of the country’s most powerful growth engines over the next decade, according to government estimates.

The projection comes as India ramps up public investment and policy support for AI through initiatives such as the IndiaAI Mission, which has been allocated more than Rs 10,300 crore over five years to build computing infrastructure, support startups, develop indigenous AI models, and expand skilling programmes, government…



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AI to add $1.7 trillion to India’s economy by 2035: Govt



Artificial Intelligence (AI) could add as much as $1.7 trillion to India’s economy by 2035, positioning the technology as one of the country’s most powerful growth engines over the next decade, according to government estimates.

The projection comes as India ramps up public investment and policy support for AI through initiatives such as the IndiaAI Mission, which has been allocated more than Rs 10,300 crore over five years to build computing infrastructure, support startups, develop indigenous AI models, and expand skilling programmes, government…



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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