AI Could Add USD 1.7 Trillion to India’s Economy by 2035: Govt

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AI Could Add USD 1.7 Trillion to India’s Economy by 2035: Govt
India’s AI (Artificial Intelligence) ecosystem has expanded rapidly in recent years. The technology sector is projected to generate revenues exceeding USD 280 billion this year and employs over six million people. The country hosts more than 1,800 Global Capability Centres, including over 500 focused on AI, and nearly 89 per cent of new startups launched last year integrated AI into their offerings. According to NASSCOM, 87 per cent of Indian enterprises are actively using AI solutions, with strong adoption in manufacturing, financial services,…



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AI Could Add USD 1.7 Trillion to India’s Economy by 2035: Govt


AI Could Add USD 1.7 Trillion to India’s Economy by 2035: Govt
India’s AI (Artificial Intelligence) ecosystem has expanded rapidly in recent years. The technology sector is projected to generate revenues exceeding USD 280 billion this year and employs over six million people. The country hosts more than 1,800 Global Capability Centres, including over 500 focused on AI, and nearly 89 per cent of new startups launched last year integrated AI into their offerings. According to NASSCOM, 87 per cent of Indian enterprises are actively using AI solutions, with strong adoption in manufacturing, financial services,…



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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