These 2 stocks are riding the AI boom where few investors are looking
India’s digital economy is entering a phase where demand is moving beyond software and connectivity. The rapid expansion of Artificial Intelligence, cloud computing and data centres is creating new opportunities across the technology value chain.
The Information and Communications Technology (ICT) industry sits at the intersection of these trends. India’s ICT market was valued at US$43 billion in FY24 and is expected to reach US$75 billion (around ₹7 lakh crore) by FY29. Rising digital adoption, AI, cloud computing, 5G and the rapid build-out of digital infrastructure are expected to support this growth.
