AI capex slowdown could derail India's cyclical recovery, weigh on growth: Nuvama

Economic Times TechAugust 22, 2026en

Any slowdown in the global artificial intelligence (AI) capital expenditure boom could pose a significant risk to India's ongoing cyclical recovery, with weaker global demand and commodity prices likely to weigh on corporate revenue and credit growth, while a still narrow domestic recovery could amplify the impact, according to Nuvama Research.

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