Journal of Management Research and Analysis

Print ISSN: 2394-2762

Online ISSN: 2394-2770

CODEN : JMRABX

Journal of Management Research and Analysis (JMRA) open access, peer-reviewed quarterly journal publishing since 2014 and is published under auspices of the Innovative Education and Scientific Research Foundation (IESRF), aim to uplift researchers, scholars, academicians, and professionals in all academic and scientific disciplines. IESRF is dedicated to the transfer of technology and research by publishing scientific journals, research content, providing professional’s membership, and conducting conferences, seminars, and award programs. With more...


Impact of Artificial Intelligence on Indian Economy

  • CMA (Dr.) Ashok Panigrahi*

Abstract

This study looks into how artificial intelligence (AI) is changing the managerial and economic landscape in India. The paper examines how AI impacts the GDP growth, employment prospects, productivity and other business and economic aspects of the Indian economy. It also looks at how management practises are changing as a result of AI, notably in relation to the development of new business models, improved decision-making processes, and widespread task automation. The methodology entails comprehensive research of the available literature, case studies of significant Indian businesses, and an analysis of key statistical data. The results highlight how AI has the ability to considerably boost India's economic development and also recognise the need to address talent gaps and ethical issues at the same time. Insights on the future of AI in India are highlighted in the paper's conclusion, with a focus on the necessity of talent development and strategic adoption.


Keywords

Indian Economy, Artificial Intelligence, GDP, Employment.


Ahead of Print Date : 2023-12-12