Artificial Intelligence could add $450-$500 billion to GDP by 2025: Nasscom

Artificial Intelligence (AI) and data could add $450-$500 billion to India’s GDP by 2025, industry body Nasscom said in a report.
According to the ‘Unlock Value from Data and AI: The Indian Opportunity’ report, this could in turn aid India’s economic growth and recovery.
Nasscom’s action plan recommends focusing on five key areas -- strategy, data, technology stack, talent and execution.
The report highlights the importance of building an AI innovation ecosystem and to seek greater participation from the private sector and entrepreneurs.