Indian enterprises plan 19% increase in AI spending: Lenovo ISG India MD

Lenovo ISG India managing director Srinivas Rao told TNIE that 99% of Indian organisations plan to increase AI investment, with budgets expected to rise by 19% year-on-year, as businesses expand deployments and shift from pilot projects to production.

The findings are from Lenovo’s CIO Playbook 2026, which points to growing investment across generative AI, agentic AI, cloud services, on-premises infrastructure and AI security.