ET Now AI Summit 2024
As India sets its sight on achieving ‘Viksit’ status by 2047, the nation’s economy stands on the brink of a significant transformation. However, amidst this journey, various global developments are poised to reshape the economic landscape, presenting both challenges and opportunities for India.
According to the latest edition of EY Economy Watch, emerging technologies, climate challenges, de-globalization, and de-dollarization are key global trends that must be accounted for by India in its pursuit of becoming a developed nation. The advent of new technologies, notably AI, has the potential to enhance productivity and output. According to EY’s report, “The AIdea of India,” AI could potentially boost India’s GDP by an estimated US$359-438 billion by FY30.
