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A recent EY India GCC Pulse Survey reveals that 70% of Global Capability Centers (GCCs) in India prioritize Generative AI to enhance their operations. The survey indicates that India's GDP could increase by $438 billion by 2029-30, up from $359 billion, due to the scaling of Generative AI adoption. This shift highlights the growing importance of AI technologies in driving economic growth in the region.
The findings underscore a significant trend where companies are increasingly integrating AI into their business strategies. As GCCs focus on leveraging Generative AI, the potential for innovation and efficiency gains becomes evident. This strategic move not only positions India as a leader in AI adoption but also sets the stage for substantial economic benefits in the coming years.
• 70% of GCCs in India prioritize Generative AI for operational enhancement.
• India's GDP could rise by $438 billion by 2030 through AI adoption.
Generative AI refers to algorithms that can generate new content or data based on existing information, which is crucial for enhancing operational efficiencies.
GCCs are specialized units within companies that focus on delivering services and solutions globally, increasingly utilizing AI technologies to improve their operations.
EY is a global leader in assurance, tax, transaction, and advisory services, providing insights into AI's impact on economic growth through its surveys.
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