If AI-Bubble Bursts, India Stands To Gain, Says Macquarie’s Sandeep Bhatia

Sandeep Bhatia expects single-digit returns from the indices, with earnings growing at around 10–15% annually. (Source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Global markets are witnessing an artificial intelligence (AI) bubble — but unlike most other countries, Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital, sees a silver lining for India.

According to Bhatia, the AI-driven investment wave is concentrated in just three major markets — the United States, China and India. "If the AI bubble bursts, India could actually benefit,” he said.

Bhatia likens the AI surge to previous episodes of exuberance such as the dot-com boom. “There is a bubble in the primary markets but that's how they function, and when bubbles happen,