Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: Report
New Delhi, Oct. 28 -- Indian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by enterprises, as rising infrastructure investments and funding requirements increase financial risks for companies building and operating AI computing capacity, according to a research report by Anand Rathi.
The report said Indian IT companies could gain from the enterprise AI deployment cycle through an asset-light business model, without bearing the same level of capital expenditure required to build large-scale computing infrastructure.
"Indian IT offers relatively asset-light exposure to the subsequent enterprise deployment cycle, supported by net-cash balance sheets, low capex...
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