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GenAI may add $1.2-1.5 trillion to India's GDP in next 7 years

By Economic Times - 10 months ago
Generative AI (GenAI) holds significant potential for India, contributing an estimated $1.2-1.5 trillion to the GDP over the next seven years, according to an EY report. Key drivers include education and upskilling. GenAI has become a priority for CEOs, with upskilling identified as crucial. Organizations like L&T have initiated programs, such as Coursera's GenAI Academy, to provide digital literacy. The report emphasizes the need for structured, role-based learning pathways. India can position itself as a hub for AI talent, leveraging its digitally skilled workforce through private-public partnerships, micro-credentials, and personalized learning experiences in local languages.

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