AIMediaNamaabout 2 hours ago
World Bank: Only 23% of Indian Firms Use AI
3 min read
The World Bank reports that only 23% of surveyed formal firms in India use artificial intelligence as of October 2026. Despite private investment rising from $1.2 billion in 2024 to $4.1 billion in 2025, adoption remains one third of the US level. The bank recommends lowering barriers and setting clear regulatory frameworks to support small firms and ensure data security.
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