Industries with AI to propel India to 3rd-largest economy: FM Sitharaman

The industries that will play a key role in propelling India to become the third-largest economy in the world will largely be those that adopt artificial intelligence (AI), Union Finance Minister Nirmala Sitharaman said on Thursday.

Interacting with students at an Institute of Economic Growth event, the FM said: “They can be any industry. Productivity gains and the efficiencies that you are bringing in because of the adoption of such technology is what is going to define these industries, which will rapidly allow India to move to the third position.”