ET Alpha Wealth Summit | Kotak’s Nilesh Shah bets on India’s electrification story over next decade; flags AI as the wildcard

India’s energy self-sufficiency is a decade-long investment theme, driven by aggressive electrification to reduce import dependence. Experts highlight solar, storage, and nuclear power, alongside transmission infrastructure. The shift to EVs faces rare-earth bottlenecks, prompting domestic innovation. AI offers another significant, albeit different, growth avenue. Investors should manage thematic risks by scrutinizing receivables and diversifying across value chains.