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NASSCOM releases a report on “Artificial Intelligence Penetration”

Published on February 19, 2023
Current context: NASSCOM, in partnership with DRAUP and SALESFORCE, has released a report on the "Artificial Intelligence Penetration" in India, which reveals that India has the highest AI penetration rate of all G20 and OECD countries, with a rate of 3.09.
NASSCOM releases a report on “Artificial Intelligence Penetration”

  • The report also predicts that by 2024, India will have over one million AI professionals. Additionally, the report highlights that AI-led core sectors in India are expected to contribute $500 billion to the economy.
  • However, despite the country’s high demand for AI talent, the current supply falls short, with a demand-supply gap of 51%.
  • The report identifies data engineers, ML engineers, data architects, data scientists, data engineers, and DevOps engineers as the major players in the AI job market. ML and data engineers alone account for 46% of total AI jobs.
  • To maximise the potential of AI in India, the country needs to focus on enhancing its skills in the field, introducing more AI-related programs and initiatives, incorporating AI into academics, and making other concerted efforts.
  • Currently, there are 1,900 AI-based startups in India, primarily focused on disease detection, NLP, fraud prevention, and fake detection.
  • The Indian government also plans to establish three AI Centers of Excellence.

Question:

Q.1  What is India's ranking in terms of AI penetration among G20 and OECD countries according to the NASSCOM report on "Artificial Intelligence Penetration"?
a. 1st
b. 2nd
c. 3rd
d. 4th


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