Thursday, 11 December, 2025
India's Capital Expenditure Surge Acts as Global AI Hedge
A report by ICICI Securities indicates India's robust capital expenditure (capex) cycle, fueled by "old-economy" sectors like energy, utilities, and metals, serves as a hedge against the global, AI-led investment frenzy set to peak by 2026. Unlike the US, where capex is dominated by AI-related IT and software, India's broad-based investment strengthens domestic capacity across critical traditional industries, providing stability and differentiation for investors.
Read full story at Economic Times