Artificial intelligence to add $500 billion to India’s GDP

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It is possible that #artificialintelligence could add significant value to India's GDP by 2025. According to a report by the National Association of Software and Services Companies (NASSCOM) and consulting firm McKinsey, AI has the potential to add between $350 billion and $500 billion to India's GDP by 2025. This would represent a significant contribution to the country's economy and could help to drive growth and development in a number of industries.


Artificial intelligence is expected to add $967 billion to the #Indianeconomy by 2035, and around $450-500 billion to the nation’s GDP by 2025, accounting for 10 percent of the country’s target of $5 trillion GDP. Meanwhile, AI is expected to contribute $15.7 trillion to the global economy in 2030.


The report suggests that AI could be particularly valuable in industries such as healthcare, agriculture, education, and transportation. For example, AI could be used to improve healthcare outcomes by enabling better disease detection and diagnosis, while in agriculture it could help to increase crop yields and reduce waste.

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  • Watch Artificial intelligence to add $500 billion to India’s GDP Video
    Artificial intelligence to add $500 billion to India’s GDP

    It is possible that #artificialintelligence could add significant value to India's GDP by 2025. According to a report by the National Association of Software and Services Companies (NASSCOM) and consulting firm McKinsey, AI has the potential to add between $350 billion and $500 billion to India's GDP by 2025. This would represent a significant contribution to the country's economy and could help to drive growth and development in a number of industries.


    Artificial intelligence is expected to add $967 billion to the #Indianeconomy by 2035, and around $450-500 billion to the nation’s GDP by 2025, accounting for 10 percent of the country’s target of $5 trillion GDP. Meanwhile, AI is expected to contribute $15.7 trillion to the global economy in 2030.


    The report suggests that AI could be particularly valuable in industries such as healthcare, agriculture, education, and transportation. For example, AI could be used to improve healthcare outcomes by enabling better disease detection and diagnosis, while in agriculture it could help to increase crop yields and reduce waste.

    Today's Headline in NewsHours
    0:00 Intro
    2:41 Income Tax department brings AIS app for taxpayers
    3:15 #Deloitte take lease of one million square feet of office in Bangalore
    3:45 #Toshiba reportedly accepts $15 bn takeover bid by a consortium
    4:20 #Zomato regaining market share with its Gold loyalty scheme
    5:50 Madhav Sheth resigns from his position of Realme India CEO

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