AI adoption may generate Rs 33.8 lakh crore for India's economy by 2030

Google's latest report on artificial intelligence (AI) development, titled "An AI Opportunity Agenda for India," highlights the importance of responsible AI growth and offers strategic recommendations for policymakers, companies, and civil society.

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The report underlines how AI can become a powerful driver of economic growth, social progress, and global leadership for India, emphasizing the nation's unique position to leverage AI advancements due to its rapidly growing economy, tech-savvy workforce, and vibrant start-up ecosystem.

According to the report, India's young demography and outstanding pool of technological talent position it favorably to harness the vast potential of artificial intelligence. With a comprehensive and responsible approach to AI adoption, India can unlock significant economic and societal benefits. The report projects that AI could generate an economic impact of INR 33.8 lakh crore by 2030, underscoring the critical importance of strategic investments and decisions made today.