India's AI spending to grow at 30.8% CAGR to nearly ₹6,490.6 cr in 2023: IDC
India's AI spending will grow from $300.7 million in 2019 to $880.5 million in 2023 at a CAGR (Compound annual growth rate) of 30.8%,' as per IDC's Worldwide Artificial Intelligence Spending Guide Forecast
NEW DELHI : India's AI (artificial intelligence) spending is expected to grow at a CAGR of 30.8% to touch $880.5 million (around ₹6,490.6 crore) in 2023, research firm IDC said on Wednesday.
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