IMF MD Kristalina Georgieva said AI could raise global growth by 0.8 per cent and make India’s Viksit Bharat vision achievable, while warning that up to 60 per cent of jobs in advanced economies may be affected.

IMF Managing Director Kristalina Georgieva on Wednesday said artificial intelligence can lift global growth by 0.8 per cent, and India's goal of becoming a Viksit Bharat or a developed nation is achievable. Speaking at a panel discussion at the AI Impact Summit here, Georgieva said a research by the International Monetary Fund (IMF) suggests that AI has the potential to significantly accelerate global growth.

"We did some research and here is the answer. Based on what we know, AI can lift up global growth by almost a percentage point. We say 0.8 per cent... It would mean that the world would grow faster than it did before the COVID pandemic," she said.

Faster economic growth is "fantastic" for creating more opportunities and more jobs, she added.

"This is the magnitude that we see for India, and it would mean that India's Viksit Bharat is achievable," Georgieva said.

India has an aspiration of becoming Viksit Bharat by 2047 and achieving USD 30 trillion economy. At the same time, the IMF MD also cautioned that AI poses significant risks for the job market.

"We calculated this risk is very high. We actually see the impact of AI...like a tsunami. Globally, 40 per cent of jobs will be affected by AI...In emerging markets, 40 per cent, but in advanced economies, 60 per cent," she said.

India has set a target of becoming Viksit Bharat by 2047 and achieving USD 30 trillion economy. At the same time, the IMF MD raised concerns over AI posing significant risks for the job market.

“We calculated this risk is very high. We actually see the impact of AI…like a tsunami. Globally, 40 per cent of jobs will be affected by AI…In emerging markets, 40 per cent, but in advanced economies, 60 per cent,” she said.

Reliance Industries (RIL) chairman Mukesh Ambani and Adani Group committed USD 210 billion investment to creating infrastructure that will help India emerge as an AI development hub.

Addressing the India AI Impact Summit 2026, Ambani announced a Rs 10 lakh crore (about USD 110 billion) investment in AI, while Jeet Adani “unveiled a USD 100-billion investment to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.”