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Indian businesses are increasingly leveraging machine learning (ML) to drive innovation and growth across various sectors. In the financial services industry, banks and fintech companies use ML algorithms to enhance fraud detection, credit scoring, and personalized financial services. Retailers employ ML to optimize supply chains, forecast demand, and provide personalized shopping experiences. E-commerce giants like Flipkart and Amazon India use ML to recommend products and improve customer service through chatbots.
In healthcare, ML aids in predictive analytics for patient care, personalized treatment plans, and efficient management of hospital resources. Startups and tech companies are developing ML-driven applications for diagnostics and remote health monitoring, which is crucial in a country with a large population and limited healthcare infrastructure.
The agriculture sector benefits from ML through precision farming, crop yield prediction, and pest detection, helping farmers make informed decisions and increase productivity. Indian IT services firms, such as Infosys, TCS, and Wipro, are also at the forefront, providing ML-based solutions to global clients, driving digital transformation, and fostering innovation.
Overall, ML is fostering data-driven decision-making, enhancing efficiency, and opening new avenues for innovation, positioning Indian businesses to compete more effectively in the global market.