Quote from Ndubuisi Ekekwe on February 17, 2026, 11:49 AM

India is beginning to pull ahead of much of the developing world. The recent approval of a ₹100 billion (about $1.1 billion) state-backed fund-of-funds to channel capital into AI, advanced manufacturing, and other deep-tech sectors marks a deliberate pivot toward long-term, innovation-led growth.

The structure is notable: New Delhi sets strategic priorities, but relies on market-driven fund managers to assess risk and select companies, blending public direction with private-sector discipline.