AI, Not Capex, to Drive India's Growth: PwC Predicts $550 Billion Boost by 2035

• PwC India's report, "AI Edge for Viksit Bharat," unveiled at the World Economic Forum in Davos, projects AI could add $550 billion to India's economy by 2035.
• AI is positioned as a scalable economic lever to improve public investment returns, reduce leakages, and boost competitiveness across agriculture, education, energy, healthcare, and manufacturing.
• The growth will be shaped by effective AI integration into national systems, moving beyond capital intensity.
• PwC's 3A2I framework (Access, Acceptance, Assimilation, Implementation, Institutionalization) provides a blueprint for responsible, system-level AI scaling.
• Maharashtra is already implementing AI in governance, with applications for farmers and platforms like MAITRI, demonstrating tangible benefits and a focus on reducing red tape.

Why It Matters: AI is set to be India's next major growth driver, potentially adding $550 billion by 2035.