India, Jan. 31 -- The Economic Survey 2024-25 tabled by the union finance minister Nirmala Sitharaman in the Parliament today (January 31), highlights rapid adoption of artificial intelligence (AI) in India's services sector, making impacts in sectors, including banking, finance, healthcare, telecom, retail and transport.

The report further said that the services sector stands out for its swift embrace of AI, thanks to national initiatives and cutting-edge technologies that are reshaping operations across industries.

AI enhances customer experiences, operational efficiency, and fraud detection in banking; optimizes networks in telecom; improves personalized marketing in retail; and streamlines logistics through advanced route optimizati...