AI adoption among MSMEs could unlock $500 billion in economic value. A joint report by BCGX and industry body FICCI estimates India’s AI market will reach $17 billion by 2027, with over 80% of enterprises ranking AI among their top three strategic priorities. Yet, less than one-third of the companies across the globe are able to convert the AI investments into sustained financial returns.

According to BCGX and FICCI, AI adoption among MSMEs could unlock over $500 billion in economic value, driven by higher productivity, lower costs and improved access to finance.

According to the report, AI-enabled credit assessment and cash flow analytics could lead to 15-20% productivity gains, 20-30% reduction in operating cost and 12-16% lower borrowing costs. Despite this, the report mentions that adoption of AI remains uneven........

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