Goldman Sachs APAC president (ex-Japan) Kevin Sneader said AI infrastructure investment is driving strong growth across the firm’s Japan, India and China businesses, with North Asia particularly benefiting from AI-related capex. Goldman identified 42 AI-enabled companies listed on Indian exchanges whose aggregate market performance rose about 60%, a finding Sneader said runs counter to views that India is disadvantaged by a lack of indigenous large language models. He added that 42% of India’s a

Goldman Sachs APAC president (ex-Japan) Kevin Sneader said AI infrastructure investment is driving strong growth across the firm’s Japan, India and China businesses, with North Asia particularly benefiting from AI-related capex. Goldman identified 42 AI-enabled companies listed on Indian exchanges whose aggregate market performance rose about 60%, a finding Sneader said runs counter to views that India is disadvantaged by a lack of indigenous large language models. He added that 42% of India’s agriculture has potential for AI application, implying a large long-term opportunity. Goldman opened an office in Mumbai last year.