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AI adoption could generate Rs 33.8 lakh crore or more in economic value for India by 2030: Google

Google's new report highlights AI's potential to generate INR 33.... Read More
has released a new report, 'An AI Opportunity Agenda for India', outlining how artificial intelligence (AI) could drive economic growth, social progress, and global leadership for the nation. The report, released on October 16, estimates that AI adoption could generate at least INR 33.8 lakh crore in economic value for India by 2030.

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The company emphasises that India, with its growing economy, outstanding tech talent, young demographic, and vibrant start-up ecosystem, is well-positioned to reap the benefits of AI. The report highlights how AI is already addressing pressing challenges in sectors such as agriculture and healthcare.

In agriculture, AI-powered platforms like AgroStar are helping farmers minimize climate risks, optimise productivity, and access real-time crop pricing information. In healthcare, Google's partnership with ARMMAN uses AI to identify at-risk women in maternal health programs, enabling personalised interventions.

The report outlines three key areas for maximising AI opportunities in India:

  1. Investing in infrastructure and innovation
  2. Building human capital and an AI-empowered workforce
  3. Promoting widespread adoption and universal accessibility

Google stresses the need for collaborative efforts across government, industry, and civil society to unlock AI's full potential. The company recommends strategic investments in AI research and development, improvements in digital infrastructure, and a balanced regulatory environment to foster innovation.

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