India, Dec. 31 -- Artificial Intelligence is expected to contribute USD 1.7 trillion to India's economy by 2035, the government said in a year-end note, underlining the country's rapid rise as a global AI powerhouse.

The note said India's technology sector is on track to cross USD 280 billion in annual revenue this year, driven by accelerated adoption of artificial intelligence across industries.

"These initiatives are expanding access to computing power, supporting cutting-edge research, and enabling startups and institutions to develop solutions that directly benefit citizens. India's approach is focused on making AI open, affordable, and accessible, ensuring innovation uplifts society as a whole," the note said.

India's technology a...