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Nikhil Kamath, co-founder of Zerodha and billionaire entrepreneur, believes India may have a better chance of building successful artificial intelligence (AI) businesses by focusing on applications and services rather than trying to compete with the US and China in developing advanced AI models. Speaking to NDTV CEO and Editor-in-Chief Rahul Kanwal at the NDTV World Summit 2026, Kamath discussed India’s AI ambitions, the lessons it could learn from China, the future of entrepreneurship, stock market speculation and the need to change how taxes affect retail investors. Kamath said Indian entrepreneurs should look for opportunities to build businesses on top of…
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