80% Of Cos Find AI A Core Strategic Priority
80% Of Cos Find AI A Core Strategic Priority
New Delhi: India has positioned itself as a leader in artificial intelligence (AI) adoption, with 80 per cent of companies identifying AI as a core strategic priority -- well above the global average of 75 per cent, according to a report on Wednesday.
About 69 per cent of Indian companies plan to increase tech investments in 2025, with one-third allocating over $25 million to AI initiatives, said the report by Boston Consulting Group (BCG).
Also, less than 10 per cent of Indian executives expect a decrease in headcount due to AI-driven automation, it added.
“This aligns with the nation's ambitious digital transformation agenda. To add to this context, 69 per cent of Indian firms plan to increase their tech investments in 2025, with one-third committing over $25 million to AI initiatives,” said Nipun Kalra, India Leader, BCG X, BCG.