Page 26 - Policy Economic Report - April 2025
P. 26

POLICY AND ECONOMIC REPORT
                OIL & GAS MARKET

            9. India ranks 12th globally in Global AI Investment Ranking by Countries in 2025

            The AI global market grew to USD 279.22 billion in 2024 and is forecast to grow at a CAGR of 35.9% from
            2025 to 2030. Driving the next technology revolution, private AI investment globally has consequently
            grown substantially in the last decade as countries position themselves for the future.

            According to a recent Stanford report, India attracted $1.16 billion in private AI investments in 2024;
            furthermore, from 2013 to 2024, the total amount of private investments in AI in India reached $11.29
            billion, Stanford’s report highlights. India is making impressive progress in the global AI landscape,
            significantly boosting its startup ecosystem. The country is home to over 240 generative AI startups and
            is heavily investing in private funding for artificial intelligence (AI).

            Figure 16: AI investments over past decade

            Source- Stanford AI Index 2025

            In a notable mention, the U.S. raised nearly half a trillion dollars in private investment in AI, higher than
            the rest of the world combined from 2013 to 2024, according to the same report. Further, China also made
            substantial AI investments totalling $119.3 billion, with the UK following next with $28.2 billion of
            investment. Alongside them, Canada and Israel made significant contributions, investing $15 billion in AI
            over the past decade. Other than the top 10, countries like Israel ($15.0 billion), Singapore ($7.3
            billion), Sweden ($7.3 billion), Japan ($5.9B), Australia ($4B), Switzerland ($3.9B), and the United Arab
            Emirates ($3.7B) have attracted significant AI investments over the past decade.

APRIL 2025  Page | 25
   21   22   23   24   25   26   27   28   29   30   31