AI could add US$ 550 billion to India’s economy by 2035: PwC report
- IBEF
- February 13, 2026
According to an upcoming PwC report that has been referenced by DD News, AI's ability to provide a few benefits will make it a large driver of India’s economy by 2035. The above report estimates AI will add up to a total of Rs. 45,000 billion (US$ 550Billion) to the GDP of India. The findings suggest that additional improvement in operating efficiencies, more innovative ways to generate revenue, increase in the number of people using what is available digitally will enable growth through faster and more efficient integration of firms and industry into the existing global value chain. The positive impact on productivity per employee of these AIs will increase the quality of product, as well as decrease the time taken to process orders or requests for service (production), and will greatly enhance India’s position as a leading player moving forward into the global economy because of digital transformation.
According to the PwC forecast, the increase in AI-supported development will be driven by increased competency in digital skills, extending the range of how we use digital tools and technology, and through government initiatives that promote innovation, research, and assistance in the AI field. Businesses that utilise AI will benefit from predictive analysis, machine learning, and intelligent automation, resulting in efficiency improvements that lead to innovative business models. This will produce higher exports from businesses and/or gain a competitive edge within domestic and international markets. The expected future impact of AI on the economy will be to create new jobs in high-skill industries that support AI development, implementation, or maintenance, and support the upgrade of traditional industries to incorporate digital processes into their operations. If India can leverage the benefits of the AI transformation through both the public and private sectors, the country will accelerate its transition to a digitally empowered economy, provide improved customer services, and become one of the world's leading nations in terms of emerging technologies.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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