India is poised to reap strong gains from artificial intelligence (AI), with the potential to revive private investment, World Bank chief economist for South Asia Franziska Ohnsorge said on October 4.

“India is well placed to benefit from AI… it is being adopted really aggressively. So, people are finding ways of using it, and with it will come investment. Whether that is big enough to move the macroeconomic numbers, I don't know,” Ohnsorge said in a media interaction.

AI Readiness and Rapid Adoption

Ohnsorge underlined that India’s AI readiness index is “much higher than other emerging markets and developing economies, almost advanced economy level.” Adoption has been particularly strong in the BPO sector, where job postings requiring AI skills have doubled since ChatGPT’s release, now

See Full Page