"We will see more applications of AI across the board...as knowledge becomes more pervasive, more people get trained on this, I think the rate of application development will increase, so will the rate of adoption across the board," he said.He also said enterprises will derive more efficiencies and the fault rates will reduce. "The rest of the world will also start using more and more solutions from India."The adoption of AI among Indian enterprises is progressing from proof-of-concept stages to full-scale production, particularly in fintech and healthcare, Malhotra said. Automated loan processing, fraud detection, and citizen grievance redressal are some of the leading use cases."Governments are also beginning to use chatbots for grievance redressal," he said.The availability of public LLMs from global tech giants is also fostering innovation among Indian startups. "When these [LLMs] are made public, it makes it easier for startups to use those products in creating applications," Malhotra said.AI is also playing a growing role in critical areas like energy transition and healthcare, he added.

India to see a surge in AI applications: Nasscom

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.