Home CINEMA How Generative Artificial Intelligence (AI) Is Helping India To Grow?

How Generative Artificial Intelligence (AI) Is Helping India To Grow?

How Generative Artificial Intelligence (AI) Is Helping India To Grow?

How Generative Artificial Intelligence (AI) Is Helping India To Grow?

Different companies in India are adopting generative artificial intelligence (AI) technology at different rates. While digitally savvy startups and global capability centres are deploying Proof of Concepts (POCs) .

Because of this production has become quicker and domestic enterprises are still evaluating gen AI’s enterprise-grade functionality and reliability.

According to an EY India survey, 66% of the top 50 most valuable unicorns in India are currently utilising AI or gen AI technologies, suggesting that startups have embraced AI technology at a faster pace than established firms.

Roughly 15–25% of POCs developed by domestic businesses are now being produced. Gen AI is being embraced by global capability centres (GCCs) for innovation, with 30 to 40% of POCs already in production. Nonetheless, the study emphasised three major obstacles that organisations face: high cost , Data piracy etc .

The usage of AI is expanding across many industries, with one-third of use cases centred on utilising intelligent assistants to carry out specific tasks. Another area where AI is being employed is marketing automation, where 25% of applications are related to text production and multimodal capabilities.

With 20% of attention going towards document summarization and business knowledge management, document intelligence is also starting to emerge as a major prospect.

The AI investment landscape in India is changing quickly as capital is being allocated more proactively to generative AI, industrial and energy utilities, and technology.

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