Introduction

Although Artificial Intelligence (AI) as a concept and technology has had a long gestation period, it is rapidly bridging the gap between designing and deployment. Despite being a new and rapidly developing technology, AI has already become a part of people’s day-to-day life.

In our inaugural State of AI in India survey conducted last year, we attempted to understand the extent and nature of AI adoption amongst Indian businesses and their outlook for the future. In the intervening year, AI investment in the country has seen impressive growth, bucking the overall cautious investment sentiment. Indian organisations appear to remain confident with respect to AI’s value proposition and their ability to realise returns on their investments.

This second edition of the State of AI in India survey discusses India Inc’s experience with AI over the past year, changes that AI triggered at these organisations, and roadblocks encountered during AI adoption. It also highlights some actions Indian organisations are taking to accelerate AI adoption.