The India artificial intelligence market is witnessing an impressive growth trajectory, underpinned by a strong convergence of technological advancement, government support, and industry demand. In 2024, the market reached a value of USD 1,251.8 million, and according to forecasts by the IMARC Group, it is expected to surge to USD 12,429.6 million by 2033, growing at a remarkable compound annual growth rate (CAGR) of 27.6% between 2025 and 2033.
