India, Dec. 10 -- In the span of two days, global tech giants Microsoft and Amazon have pledged an investment of $17.5 billion and $35 billion, respectively, over the next few years in India. One more statistic can put the importance of these numbers into context: India's gross foreign direct investment (FDI) was $81.04 billion in 2024-25. This is unambiguously good news for the Indian economy.

These companies are part of an elite club that is leading the Artificial Intelligence (AI) charge in the world. The debate on whether or not an AI boom, when it finally subsides, will hurt markets and investors in equity and debt markets, notwithstanding, there is no doubt that AI will play a critical role in shaping production, technology and emp...