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India’s AI market, growing at a compounded annual growth rate (CAGR) of 25-35 per cent is projected to reach USD 17-billion 2027, according to a report. This growth is fueled multiple factors including increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI investments, the report titled “AI Powered Tech Services: A Roadmap for Future Ready Firms; AI & GenAI’s Role in Turbocharging the Industry.”