India, April 22 -- Artificial intelligence (AI) is transforming industries across the globe, and India is no exception. As the world's fifth-largest economy and home to a burgeoning tech industry, India has embraced AI with remarkable enthusiasm, swiftly transforming industries at an unprecedented pace.

From financial services leveraging AI-driven risk assessment models to healthcare providers utilizing machine learning for diagnostics, the technology is making inroads into every sector. Manufacturing firms are adopting AI-powered automation to enhance efficiency, while retail companies are using AI for personalized customer experiences.

According to estimates, India's AI market is expected to grow significantly, reaching US$8.30bn this...