India to see a surge in AI applications in 2025: Nasscom

India will see a rise in artificial intelligence (AI) applications and cost reductions in 2025, with increasing adoption across sectors like healthcare, finance, energy, and governance, Sanjeev Malhotra, CEO of the Centre of Excellence for IoT and AI at Nasscom, told FE.

“We will see more applications of AI across the board… most of the cost is computing and manpower, and as knowledge becomes more pervasive, more people get trained on this, I think the rate of application development will increase, so will the rate of adoption across the board,” he said.