TechCapsules

AI-summarised brief · reviewed before publication

Vis Raghavan, head of banking at Citi, states that India needs to better position itself to attract foreign capital amidst the artificial intelligence revolution. India has structural advantages, including a skilled talent pool, competitive operating costs, and potential for infrastructure development. Raghavan argues that India can deliver computing capacity at lower costs than developed markets, but this advantage has not been effectively communicated to international investors. He believes India can become a significant participant in the global AI ecosystem with clearer articulation of its long-term AI opportunity. India's macroeconomic stability and geographical advantages also play a role.