AI Adoption In India: Artificial Intelligence (AI) is rapidly becoming an integral part of enterprises. According to a Deloitte report, India is leading in AI adoption, with companies outpacing their global counterparts when it comes to the large-scale implementation of the technology.
The report said that most organisations are expected to increase their AI spending next year.
"... At-scale deployment is strongest in Product Development (62 per cent), Strategy and Operations (56 per cent), Marketing & Sales (55 per cent) and Supply Chain (48 per cent), signalling that AI is increasingly embedded into functions that drive growth, efficiency, and competitive advantage," Deloitte said.
"40 per cent of Indian respondents report significant or full usage, compared with a global average of approximately 28 per cent, indicating that Indian organisations are not only piloting AI, but are increasingly operationalising it to unlock near-term productivity and business outcomes," the report added.
94% Companies Expect AI Budgets To Increase
The report noted that 94 per cent of Indian organisations expect their AI budgets to increase over the next year.
Nearly all respondents anticipate productivity improvements, with 97 per cent expecting productivity to increase.
AI Adoption In India
But, the report highlighted that the adoption has a significant capability gap. Notably, India reports lower levels of specialist AI expertise compared to the global average.
Deloitte observed that only 0 to 4 per cent of Indian companies possess a high level of AI expertise, lagging behind the global average of 2 to 8 per cent.
The report lists regulatory and compliance demands as the leading obstacle for AI integration (39 per cent), followed by resistance to change (34 per cent).
