While AI is grabbing headlines worldwide, many Indian investors worry they’re missing the train.
Why the AI hype matters
U.S. tech giants are pouring billions into artificial intelligence, and the sector has lifted stock markets in the U.S., China and Hong Kong. In India, however, most IT companies have only a small exposure to AI, leaving investors feeling left out.
India’s history with tech booms
Capitalmind founder Deepak Shenoy compares today’s AI rush to the dot‑com boom of the late 1990s. Back then India was also a late‑comer, but it still built the capabilities that later helped create one of the world’s biggest e‑commerce markets.
The Lakshmi Mittal playbook
Shenoy says India could act like steel magnate Lakshmi Mittal—buying distressed assets at low prices during a downturn. If the AI bubble bursts, the technology and patents of failing companies may become cheap. Indian firms could then acquire these assets at a fraction of the original cost.
What investors should watch
- AI‑related acquisitions: Look for Indian companies buying patents or talent from overseas AI firms.
- Government support: Policies that encourage AI research and development can boost local adoption.
- Long‑term timeline: Sheney expects the real payoff to appear in 3‑5 years, not immediately.
Bottom line
India may not lead the AI race right now, but a delayed entry could become a strategic advantage. By waiting for a global AI correction, Indian investors might acquire valuable technology at a discount and benefit when the market recovers.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.