New Delhi, Dec. 28 -- As the artificial intelligence (AI) theme dominates global headlines and US tech giants invest billions of dollars in the sector, many Indian investors are gripped by a familiar anxiety: Are we missing the AI bus?

The AI boom this year has benefited global markets from the US, China, to Hong Kong. Indian investors have suffered as Indian IT companies' exposure to AI remains low. Christopher Wood of Jefferies even went as far to call the country's stocks a "reverse AI trade". This basically means that India could outperform if the global AI bubble bursts.

Yet, Deepak Shenoy, founder and CEO of Capitalmind, has a different view altogether. He thinks "AI as a theme is not lost for India". In fact, India's apparent lat...