According to a new EY-CII report, 47% of Indian enterprises now run multiple generative AI (GenAI) use cases in production, signaling a shift from experimentation to real adoption.
While nearly half are in full production, 23% of companies are still in the pilot stage for their GenAI initiatives.
76% of business leaders believe GenAI will significantly affect their operations, according to the survey.
Speed of deployment is a top priority: 91% of Indian firms say fast rollout is the key factor deciding whether to build or buy AI solutions.
Despite the enthusiasm, more than 95% of enterprises spend less than 20% of their IT budget on AI, suggesting cautious financial commitment.
The report highlights a growing shift to “agentic AI,” where AI systems operate more like autonomous agents — and companies are building hybrid teams where AI and human employees collaborate closely.