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60% of India's GDP to come from AI, other digital services by 2021: Study

'India is clearly on the digital transformation fast track,' says Anant Maheshwari, president, Microsoft India

technology, AI, machine learning, VR, AR, big data, artificial intelligence
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Kiran Rathee New Delhi

By the year 2021, around 60 per cent of the country's Gross Domestic Product (GDP) is expected to be derived from digital products and services. Created through the use of technologies such as Artificial Intelligence (AI), the Internet of Things and cloud computing, among others.

So says a study commissioned by information technology major Microsoft. It says digital transformation will add an estimated $154 billion to our GDP by 2021. "India is clearly on the digital transformation fast track," says Anant Maheshwari, president, Microsoft India.

Organisations, he said, are increasingly deploying emerging technologies such as AI and that will accelerate this change-led