AI Productivity to Add $28 Billion to $84 Billion to India's GDP: Cognizant Study
According to Cognizant's research of 700 enterprise employees and 75 executives across major Indian industries, AI productivity gains vary significantly by sector. Healthcare led with 38% of employees reporting gains above 20%, followed by communications (31%), technology and banking (28% each), and retail (18%). The study notes that 74% of Indian employees have completed AI training compared to 56% globally, though business leaders have not yet uniformly realized financial returns.
Key points
- Modelled estimate of $28–84 billion added to India's annual GDP from AI adoption
- 97% of surveyed employees reported productivity improvements, averaging 15% uplift
- Healthcare and communications sectors show highest AI gains at 38% and 31% respectively
- 74% of Indian employees have completed AI training, outpacing global average of 56%
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