Daily Current Affairs / AI Set to Add $500-600 Billion to India’s GDP by 2035
Category : Business and economics Published on: September 18 2025
A NITI Aayog report, "AI for Viksit Bharat", projects that faster AI adoption across industries could add $500-600 billion (₹44-53 lakh crore) to India’s GDP by 2035. With its large STEM workforce, expanding R&D, and digital capabilities, India can capture 10-15% of the global AI value pool. The report highlights that AI can significantly boost productivity in financial services and manufacturing, potentially contributing 20-25% of these sectors' GDP, while also creating new tech jobs and displacing low-skill roles. India’s GDP could rise from $6.6T to $8.3T by 2035 with AI-led growth, emphasizing the need for sector-specific strategies and frontier innovations for sustainable development.
PM Narendra Modi chaired a high-level deliberation session focusing on key national policy and governance priorities.
Read More....Nagaland celebrates its Statehood Day on 1st December, marking its 1963 formation and the start of the Hornbill Festival.
Read More....India releases Basic Animal Husbandry Statistics 2025, showing record growth in milk, eggs, meat, and wool production.
Read More....PM Modi unveils 77-foot Lord Ram statue at Partagali Math, celebrating 550 years of the spiritual institution.
Read More....India strengthens Afghanistan’s healthcare by delivering 73 tonnes of medicines, vaccines, and essential supplies.
Read More....India launches Operation Sagar Bandhu, sending 27 tonnes of relief material and NDRF teams to aid Sri Lanka after Cyclone Ditwah.
Read More....Jay Shah named “Indian of the Year 2025” for transforming Indian and global cricket, including WPL and gender pay parity reforms.
Read More....Vivek Chaturvedi appointed CBIC Chairman, succeeding Sanjay Kumar Agarwal after his retirement on November 28, 2025.
Read More....IMF retains C-grade for India’s GDP data as MoSPI reports 8.2% growth and prepares a new 2022–23 base year.
Read More....India has been re-elected to the International Maritime Organisation (IMO) Council for 2025–26, securing the highest votes (154) in Category-B.
Read More....