New Delhi, June 11 -- India's artificial intelligence market is projected to expand significantly over the next three years, with new research indicating growth to more than USD 17 billion by 2027, representing a tripling of its current market size.

The growth trajectory positions India among the world's fastest-expanding AI economies, according to a comprehensive analysis by Boston Consulting Group.

The expansion is attributed to several key factors, including increased enterprise technology investments, a robust digital ecosystem, and access to a substantial pool of skilled professionals.

India currently accounts for 16 percent of global AI talent, ranking second only to the United States in this category, which reflects both the cou...