India’s AI technology spending is projected to grow at an annualised rate of 38 per cent from 2023 to reach $10.4 billion (approximately Rs. 92 thousand crore) in 2028, a report said on Thursday.

Around 40 per cent of organisations in India have already implemented agentic AI, and close to 50 per cent are planning to use the technology within the next 12 months, IDC InfoBrief and UiPath said in a joint report.

In 2025, AI investments are focused on building the foundational infrastructure required to power transformative, high-value use cases.

According to the report, the adoption is surging, fueled by a tech-savvy workforce, expanding digital infrastructure, and government-backed initiatives.

Organisations’ spending on enterprise automation, multilingual AI models, and agentic deployments is driving this momentum further.

The benefits are already visible, as 80 per cent of Indian companies say agentic AI boosts productivity, while 73 per cent say it improves decision-making, the report said.

According to the report, agentic AI is gaining strong traction across the manufacturing, retail and wholesale, healthcare, and life sciences industries, which heavily rely on data and repetitive decision-making cycles.

“Agentic automation is rapidly redefining business operations across India. While enterprises in this region are embracing the full potential of AI agents to streamline workflows and autonomously execute complex business processes, trust and security remain barriers to widespread implementation,” said DebDeep Sengupta, Area Vice President, South Asia, UiPath.

Our agentic automation platform directly addresses these challenges, breaking down barriers to enterprise AI adoption by enhancing security and compliance, improving accuracy and reliability for agentic outcomes, Sengupta added.

About 69 per cent of Indian organisations are using agentic AI to enhance productivity, 59 per cent to drive personalised customer engagement, while 57 per cent apply it to risk and fraud detection, highlighting how agentic AI is being applied across front and back-office functions, the report highlighted.

“Becoming an AI-fueled business is no longer an option in today’s unpredictable climate. For many organisations, it’s fast becoming a strategic necessity,” said Deepika Giri, Associate Vice President, IDC Asia/Pacific.

Across the region, organisations are embracing agentic AI and agentic automation at scale, Giri added.

The Mumbai Cricket Association (MCA) is pleased to announce the upcoming inauguration of the MCA Sharad Pawar Cricket Museum in the second half of August 2025. Located at the iconic Wankhede Stadium, the museum is a tribute to Mumbai’s rich cricketing heritage and the legendary figures who have shaped its success.

At the museum’s entrance, visitors will be welcomed by life-size statues of Shri Sharad Pawar and cricket legend Sunil Gavaskar who remains one of Mumbai’s and India’s most iconic sporting figures. Gavaskar’s statue, in particular, stands as a symbol of excellence and dedication that will inspire aspiring young cricketers for generations to come.

The highlight of the museum is a priceless collection of rare and iconic memorabilia donated by Mumbai’s legendary cricketers. These historic items reflect the deep-rooted legacy of Mumbai cricket and its contribution to Indian and world cricket.

The museum also features a cutting-edge audio-visual experience centre, bringing to life the stories, milestones, and memorable moments of Mumbai’s cricketing journey.

“The MCA Sharad Pawar Cricket Museum is our heartfelt tribute to the stalwarts of Mumbai cricket and a testament to the visionary leadership of Shri Sharad Pawar. This museum stands as a living chronicle of Mumbai cricket’s unparalleled legacy, dedicated to preserving its rich history and inspiring future generations.

The statue of Shri Sunil Gavaskar, one of India’s greatest cricketing legends, will serve as a powerful symbol of excellence and determination. His monumental contributions to Indian and Mumbai cricket will continue to motivate young cricketers to dream big and aim high,” said MCA President Shri Ajinkya Naik.

“The MCA invites all cricket lovers and the public to visit and experience this one-of-a-kind tribute to Mumbai cricket” said Shri Abhay Hadap, Secretary MCA.

Renowned Spanish Club Lucas Vazquez penned an emotional note as the team announced the mid-fielder’s departure from the team. Having made his debut for Real Madrid in 2015, having already been part of their B and C teams, Vazques said he will carry memories of the club wherever he goes.

The celebrated football club had recently signed on Trent Alexander-Arnold that seemed to confirm Vazquez’s departure. While Madrid had made Luka Modric’s release public, the 34-year-old’s release was seemingly an open secret. However, it got openly confirmed after they announced his departure.

Taking to Instagram, Vazquez wrote that memories of the club will stay with him forever and is leaving knowing that he gave it all for the club.

“Dear Madridistas, it’s been nearly 2 decades since I arrived at Valdebebas as a 16 year old full of dreams and excitement to wear this shirt. Every step along the way has been a gift, and over time, Madrid became my home. We’ve lived unforgettable nights together, celebrated 23 titles and created memories that will stay with me forever.”

“From the bottom of my heart, thank you to the President, board, staff, coaches, teammates and above all, to the fans. You pushed me to always give that little bit more. Today, after more than 400 matches, it’s time to say goodbye to the club of my life. But I leave with peace of mind knowing I gave it my all. I’ve always been aware of the responsibility and privilege that comes with wearing this badge.”

“Wherever I go, I will proudly say that I had the honor of playing for the greatest club in the world” – Lucas Vasquez

The veteran footballer also suggested that his journey with the club has taught him to believe in himself, adding:

“I’ve enjoyed every match, training session, trip, and if there’s one thing this journey has taught me, it’s that no one should ever tell you that you can’t achieve something. I may be leaving Real Madrid, but Real Madrid will never leave me. Wherever I go, I will proudly say that I had the honor of playing for the greatest club in the world. Thank you for being part of the most beautiful journey of my life. Hala Madrid, and nothing more.”

Real Madrid had suffered a crushing 4-0 loss in the recent Club World Cup 2025 semi-final to PSG.