India, Aug. 22 -- OpenAI, known for its AI chatbot ChatGPT, is set to open a corporate office in New Delhi by the end of 2025, underscoring India as a key growth market.

The company, cofounded by Silicon Valley billionaire Sam Altman, has started hiring to expand its local team, according to a statement on Friday. OpenAI, at present, has only one employee in India-Pragya Misra, who leads public policy and partnerships in the country.

"India has all the ingredients to become a global AI leader-amazing tech talent, a world-class developer ecosystem, and strong government support through the India AI Mission," Altman said in the statement. "Opening our first office and building a local team is an important first step in our commitment to m...