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LogoutArtificial Intelligence is one of the fastest growing sectors in India. More and More companies are adopting the use of AI in there operations. As a result, there was an increase of nearly 270% in the number of people employed In AI sector in India. The economy was projected to produce around 2.3 million jobs by 2020 which it has surpassed very conveniently. India has started taking serious measures for promoting AI in each and every domain
It is expected that Artificial Intelligence as a domain would contribute nearly 957 Billion Dollars in the economy by the year 2035 which is 15% of the current GDP of India. there are 400 startups working on AI and machine learning domains. About $150 million is invested in India’s AI industry by private players and the number has been increasing since 2016. India is still a growing market and with such a huge population base and opportunities, the major growth and development is yet to come.