New Delhi, April 25 -- Global capital flows are currently not favouring India due to a perception that the country is "non-AI", even as long-term fundamentals remain strong, said Swarup Mohanty, Vice Chairman and CEO at Mirae Asset Investment Managers (India) Pvt. Ltd.

In an interaction with ANI, Mohanty said that global money is not flowing into India at present, as investors are allocating capital to markets seen as more aligned with artificial intelligence themes.

"We are sitting on no money flowing into our country because they perceive us to be non-AI," he said, adding that this trend needs further examination.

He noted that the global economic environment is undergoing significant changes, with the behaviour of the world's larges...