India’s AI market to triple to $17 billion by 2027: Report

The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.

The nation makes up 16% of the world’s AI talent, placing it behind only the US, reflecting both its demographic advantage and strong STEM education system.

Boston Consulting Group (BCG), in a report titled “India’s AI Leap: BCG Perspective on Emerging Challengers”, said India has a thriving AI…