AI-Driven Innovations and Their Role in Transforming Indian Industries

Jyoti Gupta; Puja Agrawal

doi:10.69968/ijisem.2024v3si247-51

Authors

Jyoti Gupta Research Scholar, Department of Commerce ,Government College Ajmer , Rajasthan
Puja Agrawal Research Scholar, Department of Commerce ,Government College Ajmer , Rajasthan.

DOI:

https://doi.org/10.69968/ijisem.2024v3si247-51

Keywords:

Artificial Intelligence, Indian Sectors, Operational Efficiency, Competitive Edge, Productivity, Decision-Making

Abstract

Based only on secondary data extracted from government papers, industry publications, and academic studies, this article seeks to explore how AI-driven breakthroughs can revolutionise Indian sectors. It then looks at AI adoption in critical sectors, like manufacturing and healthcare, retail, and the finance sector too, before gauging how the technology is helping firms bring operational efficiency, reduce costs, and gain a competitive edge in the market. Studies of statistical data—correlation and regression, for example—show large increases in productivity and decision-making quality from AI implementation across a broad range of products. The findings highlight that AI is fostering invention and growth, but it also unearths challenges around infrastructure and skilled workforce deficits. This contributes from an Indian perspective on how AI is transforming industries in India, identifying issues related to implementation and suggesting a way forward with the development of sector-specific tools that are tailored for use within corresponding sectors. These results further highlight the need for norms around all-encompassing AI efforts in order to permit its broad application across entire sectors.

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