93% of Indian companies expect AI to pay off big, fast
Nearly all Indian firms—93%—think their investments in artificial intelligence will bring positive returns within three years, according to a new SAP and Oxford Economics report.
That's the highest confidence level worldwide.
Indian businesses are investing an average of $31 million in AI this year, outpacing the global average.
Returns are rising—and so is investment
Right now, Indian companies see an average 15% return from AI, but they expect that to double to 31% by 2027 as they boost spending on tech and talent.
Over half of these firms say they're already happy with what they're getting back from AI.
India's betting on fast results and big talent
More than half (58%) of Indian businesses believe AI will deliver returns faster than any other tech—again, leading globally.
With over 600,000 people working in India's AI sector (16% of the world's total), it's no wonder optimism is running high.