New Delhi, June 11 -- India's Artificial Intelligence (AI) market is set to triple to USD 17 billion by 2027 and is rapidly moving beyond experimental phases to become a core driver of competition and scale for Indian businesses says a report by Boston Consulting Group (BCG).

The report highlights how AI is not only boosting operational efficiency but also expanding markets, accelerating decision-making, and fostering innovation-led growth.

"AI is no longer an option but a business necessity. Indian companies are using it to leapfrog traditional growth curves and compete confidently on the global stage. While the hurdle rate for successful deployment is high, the rewards are even higher, and the results speak for themselves," said Mande...