The Rise of AI in India: A Growing Demand for Productivity
While India has been a hub for tech innovation, the country’s young population has been eagerly waiting for AI tools to enhance their daily lives and boost productivity. According to a recent Google-Kantar study, 75% of young Indians desire AI tools to help them navigate daily life and improve productivity. However, awareness and adoption remain low, with 60% of Indians unfamiliar with AI and only 31% having tried any generative AI (Gen AI) tools.
The Indian Manufacturing Sector: A Prime Candidate for AI Adoption
India’s manufacturing sector is witnessing a significant shift towards automation, particularly in the automotive and electronics industries. A growing number of Indian manufacturers are exploring AI use cases in supply chain optimization, R&D acceleration, and factory automation. The Production Linked Incentive (PLI) schemes offer an ideal atmosphere for AI-driven developments, positioning the country to build a robust ecosystem for AI adoption.
The Future of Work in India: A Growing Demand for AI Professionals
As the global AI market is expected to grow from USD 189 billion in 2023 to over USD 4.8 trillion by 2033, India is poised to benefit from this growth. According to recent reports, including the India Skills Report 2024 and India’s AI Revolution: A Roadmap to Viksit Bharat, India will need nearly one million AI professionals by 2026. The Indian AI market itself is expected to reach USD 28.8 billion by 2025.
Conclusion
India’s AI ambition is on the cusp of a significant transformation, driven by the growing demand for productivity and the need for automation in manufacturing. As the country navigates this transition, it is essential to prioritize AI education and training to address the growing demand for AI professionals. By embracing AI, India can unlock its productivity potential, drive economic growth, and create a sustainable future for its young population.
Originally published on https://www.businessworld.in/article/indians-want-ai-for-productivity-adoption-still-low-report-564083
