AI seen adding up to $1.7 trn to India’s economy by 2035

Artificial Intelligence (AI) could add as much as $1.7 trillion to India’s economy by 2035, positioning the technology as one of the country’s most powerful growth engines over the next decade, according to government estimates in a year-ender note. The projection comes as India ramps up public investment and policy support for AI through initiatives such as the IndiaAI Mission, which has been allocated more than Rs 10,300 crore over five years to build computing infrastructure, support start-ups, develop indigenous AI models and expand skilling programmes. The economic impact will be driven by AI adoption across sectors, including healthcare, agriculture, manufacturing, financial services, education, governance and climate services, where automation and data-driven decision-making are already improving productivity and service delivery, as per a report.

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