AI could contribute over $500 bn to India’s economy by 2030: IBM-IndiaAI study
New Delhi: Artificial Intelligence (AI) could contribute more than $500 billion to India’s economy by 2030, according to a joint study by IBM and IndiaAI, which also said businesses increasingly see AI as a key driver of the country’s economic growth.
The report, ‘From promise to power: How AI is redefining India’s economic future’, said that four in five business leaders believe AI investments will directly influence India’s GDP growth, while 73% expect India to emerge as a leading global AI nation by 2030.
