Are you betting on Artificial Intelligence Stocks in India?

Investors should always invest in growth potential, and not just the current status. And Artificial Intelligence is one such sector that has very huge growth potential in the next 5-10 years in India. Be it IT, automobile, EVs, education, or transport, AI is being used across various industrial sectors.

In simpler words, Artificial intelligence can be defined as a group of many different technologies working together to enable machines to sense, comprehend, act, and learn with human-like levels of intelligence. As per an International Data Corporation report, India’s Artificial Intelligence market is expected to reach $7.8 billion by 2025 growing at a CAGR of 20.2%, Further, AI is also expected to possibly add $957 billion or 15% of the present gross value – to the Indian economy by 2035.

The Indian Stock market has also witnessed various companies that are working rigorously on Artificial Intelligence technology. Here is a list of a few of the top artificial intelligence stocks in India along with their 1 yr returns.

Also read: Top Artificial Intelligence Stocks for 2022 in India!

Commenting on the same, Kritesh Abhishek, founder & CEO of Trade brains said, “The AI industry has huge growth potential in the upcoming few years. Artificial Intelligence technology can be used in various sectors like Smart Cities, Smart devices, the Internet of Things, Driverless cars/automobiles, drones, Robotics, etc. The developed nations have already started working on AI tech, and if India doesn’t want to stay behind, they need to change the gears. People need to invent & invest in the AI companies in India.”

What are your views on this industry and which are your picks amongst the top AI stocks in India? Comment below!