How AI will strengthen the supply chain industry in India
Source: INDIAai
Over the past decade, India has embraced and invested heavily in artificial intelligence (AI). According to the World Economic Forum (WEF), AI spending in India will increase at a Compound Annual Growth Rate (CAGR) of approximately 39% through 2025.
This increase in investment in India is reflected in the massive adoption of AI across industries, as well as in supply chain management. This investment has enabled Indian startups to develop applications for warehouse management, shelf optimization, truck route optimization, etc., with the aim of eliminating bottlenecks.