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GenAI to add up to $438 bn to GDP by FY30: RBI DG Patra
Business Standard
|November 14, 2024
Forecasts indicate that generative artificial intelligence (AI) could add between $359 billion and $438 billion to India's GDP by 2029-30, said Michael Debabrata Patra, Deputy Governor of Reserve Bank of India (RBI) on Wednesday.
The adoption of AI in production processes by Indian firms has risen from 8 per cent in 2023 to 25 per cent in 2024.
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