Mumbai, Nov. 1 -- India's technological capabilities, education levels and intellectual capital will ensure it does not fall behind in the artificial intelligence (AI) race, said Mitch Truwit, co-chief executive of global private equity firm Apax Partners. In India to mark two decades of investing in the country, Truwit said the firm expects to step up its investment pace in the Indian market going forward.

"India may not be pioneers in LLMs and the rest of it. But if you look at what the challenge is for most businesses out there, the challenge is how do you operationalize AI in a way that creates efficiency. What I think India is quite good at is change management, which most companies are not," Truwit said in an exclusive interaction ...