The National Association of Software and Services Companies (Nasscom) predicts a significant surge in AI (artificial intelligence) adoption and application across different Indian sectors including finance, healthcare, governance, and energy by 2025.

Sanjeev Malhotra, CEO of the Centre of Excellence for IoT and AI at Nasscom said “We will see more applications of AI across the board… most of the cost is computing and manpower, and as knowledge becomes more pervasive, more people get trained on this, I think the rate of application development will increase, so will the rate of adoption across the board.”

“I think the rest of the world will also start using more and more solutions from India,” he added.

The anticipated growth in AI applications is driven by numerous factors like

• Advancements in AI and ML technologies.
• Most companies using AI to improve customer experience, operational efficiency, revenue growth, etc.
• The descending cost of AI implementation including hardware and software, etc.
• The Indian government is actively taking initiatives to develop and adopt AI.

2025 is going to be an impactful year for India. With notable growth in AI applications across various sectors, 2025 is predicted to be a pivotal year for artificial intelligence in India.

Source: https://www.financialexpress.com/business/digital-transformation-india-to-see-a-surge-in-ai-applications-in-2025-nasscomnbsp-3697715/