India has its own structural growth story beyond current global focus on AI, says Jefferies

Economic Times - Sep 25, 2026

India is expected to experience significant growth driven by renewable energy and private-sector investment. The country aims to enhance its manufacturing capabilities which currently lag behind China. A report from Jefferies highlighted that India's power cost could decrease with renewable energy advancements. Additionally, private-sector capital expenditure is on the rise, indicating a structural growth opportunity. These developments indicate a robust growth trajectory independent of global technology cycles.

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