According to a recent survey released on Tuesday, over half of Indian corporate executives are already utilizing artificial intelligence (AI) to accomplish environmentally conscious results, placing India far ahead of the worldwide and Asia-Pacific norms.
In contrast to just 39% worldwide, 52% of Indian CEOs claim they are actively utilizing AI to promote sustainable practices, according to the survey. According to a survey by US software company Autodesk, this indicates a significant shift in mentality as Indian businesses increasingly see sustainability as a key component of their business strategy rather than just a compliance need.
Businesses in India are likewise hopeful about AI’s future. Compared to the global average of 69%, nearly 79% of leaders think AI would have a positive impact on their industries.
They are conscious of the potential disruption that AI may cause, though. Approximately 61% of Indian executives agree that AI has the potential to revolutionize their sectors, particularly for highly technologically sophisticated businesses.
According to Alok Sharma, Director AEC at Autodesk India and SAARC, Indian companies are utilizing AI with a specific goal in mind: incorporating it into their sustainability plans to transform obstacles into opportunities.
He continued, “By doing this, they are not only complying with regulations but also establishing competitive advantages that boost revenue and draw in talent.”
Additionally, according to the report, 86% of Indian corporate executives think that implementing sustainability efforts might increase their yearly income by more than 5%.
Eighty-four percent of digitally mature businesses claim that these initiatives are assisting them in attracting and keeping top people.
Seventy-nine percent of Indian corporate executives intend to raise their AI expenditures, the report states. “AI is the cornerstone of future growth and innovation—it’s not just a fad,” Sharma stated.
“However, businesses must invest in the right skills to fully realize AI’s potential and foster trust in the technology if India is to remain ahead.” he mentioned.