Global growth patterns are set to undergo a significant shift as countries experience different demographic transitions, according to a report by Ernst & Young.
A survey conducted by multinational professional services firm Ernst & Young showed that 36 per cent of enterprises in India have budgeted and started investing in GenAI while another 24 per cent are experimenting with it.
India's information technology (IT) spending is projected to reach a total of USD 160 billion in 2025, an increase of 11.2 per cent from 2024, fueled by expansion in both application and infrastructure software markets, according to the latest forecast by Gartner, Inc.