India’s AI market to boom to USD 131 billion by 2032 at 39% CAGR; Deployment of up to 700,000 GPUs by 2031: Report
New Delhi [India], May 27 (ANI): The size of the domestic AI market stands at USD 13 billion in 2025, up from USD 10 billion in 2024, and positions itself to reach USD 131 billion by the year 2032. This growth relies heavily on diverse sector contributions.
According to a report by Avendus Capital, within the 2025 market segment split, the BFSI sector leads with USD 2.5 billion, followed by startups at USD 1.8 billion, media at USD 1.6 billion, manufacturing at USD 1.4 billion, and tech services at USD 1.3 billion. The public sector accounts for USD 1.2 billion, while other segments make up USD 3.3 billion.
