India could shine once AI capex peaks
Bank of America, which is holding its 2026 India Conference from Monday, expects global growth to slow by 40 basis points to 3.1% this year. Candace Browning told Financial Express that India is likely to regain favour among global investors once the current peak in AI-led capital expenditure moderates, allowing diversified and structural growth opportunities to come into sharper focus. Excerpts:
