Friday, 12 June, 2026
The 'Picks and Shovels' AI Gold Rush
By TechShots Studio
While India lacks pure-play AI software giants, its old-economy industrial firms are quietly winning the global AI boom. Companies supplying the physical infrastructure—transformers, cooling systems, and optical fibers—to power-hungry data centers have added $48 billion in market value this year. Dubbed the "AI CapEx trade," this infrastructure boom has sent specific component manufacturers skyrocketing by up to 500%.
Read full story at CIO ECONOMIC TIMES