GenAI StartUps crucial for Investment in India

AI is now in every sector and reason for growing investment opportunity in India and have
significant impact on patterns of investment .India is a big player as the economy is booming
and business are ready to invest in AI based initiatives.
The crucial point is AI in India will manifest hugely and make impact in the existing digital
public infrastructure push from the Indian government .The Govt of India has made huge
efforts in uplifting the digital based initiatives and that has benefited the economy as a
whole. This has inspired investment from across the world in various initiative and start
up based business in India and helping job creation.
According to EY, generative AI’s cumulative impact on India’s GDP may range from $1.2-
$1.5 trillion by 2029-30.
GenAI will significantly optimize the entire value chain, making it more efficient and
responsive to market dynamics.
It is also significant to understand that promoting AI awareness and cultivating a culture
becomes equally important maximizes positive impacts while preventing misuse.