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India AI investment is expected to reach $ 881 million

Investment in Artificial Intelligence (AI) programs in India is expected to grow by a combined annual growth rate (CAGR) of 30.8%, reaching $ 881 million next year, according to the National Association of Software and Services Companies (Nasscom). .

The automotive and industrial sector has been the most receptive to AI and automation, but in general terms, India still has a long way to go in terms of maturity in acquiring AI by businesses in all sectors, Nasscom said in its report ‘AI. Adoption Index ‘published Thursday.

The Nasscom report, co-published by Ernst & Young (EY), Microsoft, the US data analyst EXL and technology services company Capgemini, conducted a market survey to provide an AI acquisition index — a point that will explain how maturity adoption AI is in all industries.

The scale was divided into four parts — the ‘inspector’ of first-class AI adoption, the ‘enthusiast’ for new AI tech users into a business framework, the ‘expert’ for various industry participants, and the ‘evangelist’ for AI founders to create their own. products and solutions.

On this scale, Nasscom said India stands at a ‘fanatic’ level, with even its most advanced AI students falling into this category.


I am Sanjit Gupta. I have completed my BMS then MMS both in marketing. I even did a diploma in computer software and Digital Marketing.

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