GenAI to boost India's IT industry's productivity by up to 45%, EY India survey shows

FILE PHOTO: AI Artificial intelligence words, miniature of robot and an Indian flag are seen in this illustration taken December 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

MUMBAI (Reuters) - The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India's $254-billion software by 43%-45% over the next five years, according to a survey by consulting firm EY India.

This productivity boost, which EY India's survey states will span 500 roles, will come through the dual effect of the IT industry itself integrating elements of GenAI internally and as more client projects move from proof of concept to production.