Uday Kotak’s AI-wake up call: As IPL ends, Asia's richest banker says 'time for India to focus on business
- Posted on June 3, 2026
- By Business News Today
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- 1 min read
Uday Kotak’s AI-wake up call: As IPL ends, Asia's richest banker says 'time for India to focus on business
Veteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 billion capital raise. He highlighted that global tech giants are aggressively reinvesting despite strong profits, a stark contrast to India's restrained long-term innovation spending. Kotak called for a renewed focus on business and competitiveness.