Business

India can tap AI’s potential to boost economic growth, drive inclusive progress: Google

October 16, 2024

New Delhi, Oct 16

Artificial intelligence (AI), set to play a crucial role in delivering the target of a $1 trillion digital economy by 2028, about 20 per cent of India’s GDP, and the country can maximise AI’s potential to boost economic growth, drive inclusive progress and help it emerge as a global leader in public services, a new Google report said on Wednesday.

A recent Google-commissioned report estimated that at least Rs 33.8 lakh crore of economic value from AI adoption can be achieved in India in 2030.

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

“AI is already addressing some of the nation's most pressing challenges, from revolutionising farming practices to improving healthcare access and outcomes,” said the report.

For instance, AI-powered platforms like AgroStar are empowering farmers, helping boost crop yields and encourage sustainable practices for farmers in the country. In healthcare, AI is helping improve diagnosis, expand access, and personalize care, especially for underserved communities.

The tech giant has partnered with ARMMAN to use AI to identify women at risk of dropping out of their health information program, allowing for personalised interventions to improve maternal health outcomes.

 

 

Have something to say? Post your opinion

  --%>