AI could add $79.1 billion to India's GDP over the next decade, according to an Ayre Think Tank report. Ranked 11th among 56 Commonwealth nations, India has strong youth interest in AI, but faces challenges involving digital access, employment and workforce skills.
New Delhi: Artificial intelligence (AI) could add $79 billion to India's economy over the next decade as the country ranked 11th among 56 Commonwealth nations, a report said on Thursday.
According to an analysis by Ayre Think Tank, India's significance in the Commonwealth's AI landscape is underlined by its being home to about 382 million people aged between 15 and 29, accounting for more than half of the Commonwealth's total youth population of 732 million.
There is strong enthusiasm for AI among young Indians, with nearly 89 per cent looking to use the technology for education or work within the next year, it added.
More than 60 per cent were confident about managing their interactions with AI tools.
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