Artificial Intelligence has the potential to boost India’s economic development: Google

Artificial Intelligence has the potential to boost India's economic development: Google

New Delhi, October 16 (IANS) Artificial Intelligence will play a key role in achieving the target of $1 trillion digital economy by 2028, which is about 20 percent of India’s GDP.

A new report by Google on Wednesday said that AI has the potential to boost the country’s economic development and emerge as a global leader.

A recent report released by Google estimates that at least Rs 33.8 lakh crore of economic value can be derived from the adoption of AI in India by 2030.

According to the new paper titled ‘An AI Opportunity Agenda for India’, the country is poised to reap AI benefits with its fast-growing economy, outstanding tech talent, young demographics and vibrant start-up ecosystem.

“AI is already solving some of the country’s biggest challenges, from revolutionizing agricultural practices to improving healthcare access and outcomes,” the report said.

For example, AI-powered platforms like AgroStar are empowering farmers, helping them increase crop yields. In healthcare, AI is improving diagnostics and expanding access for particularly underserved communities.

The technology giant has partnered with ARMMAN to use AI to identify women at risk of dropping out of health information programs.

The report says that to maximize the ‘AI opportunity for India’, collaborative efforts between government, industry and civil society should prioritize three key areas: investment in infrastructure and innovation, human capital and AI-empowered Building the workforce, and promoting widespread adoption and universal access.

Google in India aims to empower 10 million people with AI digital literacy, including students, job seekers, teachers, startups and developers, and civil officials.

–IANS

SKT/ABM

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