Sun Feb 02 22:42:20 IST 2025: ## EY Reports Strong PE/VC Investment and AI-Driven Transformation in India
**Mumbai, India –** Ernst & Young (EY) has released several reports highlighting significant trends shaping the Indian economy, including robust private equity and venture capital (PE/VC) investment and the transformative impact of artificial intelligence (AI).
According to EY-IVCA reports, PE/VC investments in 2024 surged past US$56 billion, fueled by a record 1,352 deals. November 2024 alone saw a substantial year-on-year increase of 156%, reaching US$4 billion across 87 deals.
EY also emphasized the transformative potential of AI, predicting that it will reshape 38 million jobs in India by 2030, unlocking significant productivity gains. The firm is showcasing how AI is revolutionizing Indian education through personalized learning and adaptive tools, contributing to the “Viksit Bharat 2047” vision.
Further reports from EY analyze India’s economic outlook, forecasting a 6.4% GDP growth for FY25, alongside a fiscal deficit improvement to 4.4% in FY26 and a 20% capital expenditure hike. EY advocates for continued focus on restoring India’s capex growth momentum in Budget 2025. The firm also provided detailed analysis of the Union Budget 2025, highlighting a projected 10.8% Gross Tax Revenue growth and a significant INR 11.2 lakh crore allocation for infrastructure development.
EY’s services, spanning strategy consulting, climate change solutions, and digital transformation, are helping clients such as LT Foods and Dabur achieve significant growth and embed long-term value. The firm’s reports and services aim to provide trust and insights for navigating complex challenges and building a better working world. More details are available on EY’s website and YouTube channel.