The Economic Times

India has its own structural growth story beyond current global focus on AI, says Jefferies

India is expected to experience significant growth driven by renewable energy and private-sector investment. The country aims to enhance its manufacturing capabilities which currently lag behind China. A report from Jefferies highlighted that India's power cost could decrease with renewable energy advancements. Additionally, private-sector capital expenditure is on the rise, indicating a structural growth opportunity. These developments indicate a robust growth trajectory independent of global technology cycles.