Global Firms Share India Growth Plans

“India revenue has nearly doubled over the past year, driven partly by rising InfiniBand and Ethernet networking demand. We are also exploring a one-stop AI infrastructure manufacturing offering with Adani, aligned with the government’s ‘Make in India, Make for the World’ strategy, although no definitive framework, financial terms or structure has been agreed.”

“We will position Harmony as a productivity platform for India, combining adaptive treatment and hypofractionation with remote collaboration. Specialist clinicians at central hubs can plan treatments for regional centres, creating a price-competitive model that reduces the need for patients to undertake costly and difficult travel.”

“India remains a compelling long-term growth market, but high valuations and earnings expectations are now correcting. We have used the downturn to build positions and narrowed our underweight to broadly neutral, including US-listed Indian companies. However, we added more to China recently, as India’s greater oil dependence increases its vulnerability to the Iran conflict.”