India's economy, projected to become the world’s third-largest by 2027, stands at a critical juncture where the strategic adoption of Generative AI (GenAI) could play a pivotal role in realizing its $26 trillion vision.

By enhancing productivity and efficiency, Gen AI is expected to contribute an additional $359-438 billion to India’s GDP by 2030, accounting for a 5.9-7.2% increase in economic growth. Over the next seven years, the cumulative impact could range between $1.2-1.5 trillion, bolstering the CAGR by 0.9-1.1%.  

Capitalizing on the transformative potential of this technology requires a whole-of-ecosystem approach to drive innovation and democratize access to AI infrastructure and resources. This webinar aims to address the opportunities and challenges GenAI presents and examine the way forward for India. 

The objectives of the proposed session are: 

• Explore how GenAI can enhance productivity, contribute an estimated $359-438 billion to India’s GDP by 2030, and foster a more dynamic and resilient economy. 
• Examine GenAI's potential for large-scale socio-economic transformation in critical sectors including healthcare, education, agriculture and climate. 
• Discuss targeted strategies to unlock the full potential of GenAI to address India’s unique socio-economic challenges and national priorities. 
• Assess GenAI's impact on the workforce, focusing on reskilling and new employment opportunities in an AI-driven economy. 
• Discuss pro innovation governance mechanisms for safe and trusted development, deployment and adoption of GenAI. 
• Highlight the role of the IndiaAI Mission in accelerating AI adoption and fostering public-private sector collaboration. 

Date: 13th January, 2025 

Time: 5.30 pm 

Duration: 60 minutes 

Virtual (Link)