A $3 trillion investment in global AI infrastructure build-up cannot endure an imminent bubble burst, as the speed of innovation makes everything present quickly obsolete. When the assets become dinosaurs, the institutions which funded the boom will also bite the dust. US tech giants are investing in business, not merely looking at the potential at home, but in emerging markets like India. Let the US tech giants tell their President how costly and disastrous it could be to penalise India.
India is not the old India of British legacy or the country of people with a colonial mindset. Politics and generations have changed. It is evolving quickly, with strong leadership prioritising the interests of the citizens.
It is a new nation of over 1.40 billion people, aware of their self-esteem and new aspirations. Its diaspora of 36 million people, acting as Indian brand ambassadors worldwide, alone makes up more than half the population of the United Kingdom and France, three and a half times the population of Sweden, and around four times that of Switzerland. Its demographic advantage is well-known.
The fifth-largest economy is determined to be the third-largest. Indian leadership is engaging with the world and offering valuable contributions to humanity. Every global institution has something to take home from India, as long as it is receptive to them. Without India, any large company anywhere in the world, in the business of AI, IT, consumer goods, or any commercial product, cannot have long-term survival, as the companies from developed economies have a saturated home market. India is their hope. Investments worth trillions of dollars in creating AI infrastructure, the latest buzzword, may prove disastrous for US companies if the Indian market remains unreceptive to them.
There is an India-centricity in every global business. A strong India is a strong market for them. For some US businesses, there are more Indian users than native users. Facebook has twice as many Indian users as it has in the US. India is the second-largest market for Alphabet, following the US, with approximately 11 billion Google users.
Alphabet has more Indian Google Workspace users than it has in the US. If Indians disconnect from all US social media, AI, and internet companies, all the US giants would face a significant decline in their business activity and talent pool. It could take only a few months for Indian alternatives, with the active backing of the government and people, to develop a parallel ecosystem and restore the stability lost due to their withdrawal from all US technology firms. In such a context, if the US administration believes its extortionist tariff can bring India on its line, there can be no bigger blunder. India’s swadeshi call is enough to make the US lose its shirts. The US may not have to wait decades to feel the impact of a pressure bubble burst, especially considering that its AI giants are investing $3 trillion in building assets that cannot endure any bubble burst. This situation could change if India embraces the spirit of Swadeshi, driven by the US enforcement of punitive policies against India.
