Most Indian organisations plan raising AI investment this year: Report

Amount will be driven by 'business outcomes', according to survey of 200 business leaders

As many as 39 per cent of Indian organisations plan to increase investment in artificial intelligence (AI) by more than 20 per cent this year, said a report on Wednesday.

Organisations planned a 50 per cent increase in investment last year, according to Deloitte India’s second edition of the ‘State of AI in India’ survey that had 200 Indian business leaders as its respondents. As many as 88 per cent of respondents plan a year-on-year (YoY) increase in AI investments in 2022 compared to 82 per cent in 2021.

“There is still bullishness that investments in AI will go up.