AI to expand opportunities for Indian IT; luxury housing demand strong: BofA Sec

June 2, 2026

AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating a larger market. While enterprise adoption is nascent, technology modernization and AI integration will drive growth. Separately, India’s residential real estate, particularly luxury housing, shows strong potential, with developers expected to manage rising costs.

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