Exploring the Role of Artificial Intelligence in Indian Commerce: Benefits, Hurdles, and Future Prospects

This research proposal looks into the impact of AI on Indian businesses, focusing on its applications, benefits, challenges, and future potential. It analyses 10 studies on AI adoption across sectors like e-commerce, banking, manufacturing, and hospitality and identifies key themes such as AI's role in enhancing operational efficiency, the challenges of infrastructure and skills shortages, and the opportunities for growth in AI-driven industries. A comparative analysis depicts the contrast of AI adoption in various sectors. It reveals that banking and e-commerce lead, while others like education take a longer time in adopting due to infrastructural and resource limitations. It provides a good source for businesses planning to incorporate AI into their processes. The analysis proposes that AI integration is the practice in banking and e-commerce, while all other sectors are somehow still behind in line due to infrastructural and resource constraints. Future advancements in AI, together with the intersection of AI and many other growing technologies such as blockchain and IoT, are promising enough to transform the Indian industries. However, an organized effort involving government and the private sector in approaching issues on how to overcome the barriers and arrange robust digital infrastructure is very important. This research highlights essential sectorspecific AI applications, thereby enabling industries to make informed decisions and optimize their processes to secure a competitive advantage in the changing digital front.