GenAI adoption to add extra $675 bn to India’s economy by 2038: Accenture

Adopting a people-centric approach to generative artificial intelligence (GenAI) could potentially add an additional $675 billion to India’s economy by 2038, according to a study released by Accenture on Tuesday.

The research also revealed that because of the deployment of GenAI, around 31 per cent of working hours in India will be automated, contributing to a 0.6 percentage point increase in the annual gross domestic product (GDP) growth of the country.