A business necessity: India’s AI market set to triple, hit 17 billion USD by 2027

The Boston Consulting Group predicts that India’s AI market will grow to 17 billion USD by 2027, driven by local enterprises adopting AI for competitive advantages. Currently, India holds 16% of the global AI talent.

AI is pivotal for Indian businesses, enhancing efficiency in sectors like financial services, where processing times can be cut by 70%. This transformation is vital for addressing local challenges across industries such as healthcare.

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