Artificial Intelligence (AI) contributes to less than 1% of the Bombay Stock Exchange’s (BSE) market capitalisation, according to Dr. Vikas Singh, adjunct professor at the Indian Institute of Public Administration. Notably, BSE and NSE do not classify AI as a standalone sector, and fewer than 15 listed companies have clear AI-related operations. Due to limited financial disclosure, it is difficult to gauge AI’s direct impact on revenues or profits. However, Dr. Singh noted AI’s influence may be more systemic in automation-heavy industries like finance, retail, logistics, and telecom.
India’s AI investment is growing. The UNCTAD’s 2025 Technology and Innovation Report ranked India 36th out of 170 countries in AI readiness, with $1.4 billion in private investments. The country also improved to 38th on the Global Innovation Index. Union Minister Amit Shah stated that India aims to be in the top 10 soon.
According to Motilal Oswal’s AI chief Siddharth Sureka, Indian companies are planning AI strategies, with implementation expected in 2–3 years. Still, Dr. Singh stressed that geographic focus, regulations, and capital are vital for AI growth, and warned against over-dependence on foreign tech.