Jefferies: India’s Structural Growth Outpaces Global AI Focus

Jefferies, a global investment bank, recently highlighted that India's growth trajectory is rooted in structural fundamentals rather than being solely driven by the current global emphasis on artificial intelligence.\n\nThe firm’s analysts pointed out that while AI is a significant trend worldwide, India’s economy is benefiting from a range of domestic drivers such as demographic momentum, infrastructure development, and expanding service sectors.\n\nAccording to Jefferies, these structural factors provide a more sustainable foundation for long‑term growth, suggesting that investors should look beyond the AI hype when evaluating India’s market prospects.\n\nThe commentary comes amid growing discussions among market participants about the relative importance of technology trends versus traditional growth engines in emerging economies.