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The Economic Times
The Economic Times
Trending Desk

Forget AI and EVs: Zerodha’s Nikhil Kamath spots next big billion-dollar opportunity hidden in India’s biggest problem

The next big business opportunity for India may be not in artificial intelligence, electric vehicles or financial technology. It could be from a resource that is growing ever more difficult to control, water. Zerodha co-founder Nikhil Kamath has pointed to an increasing disconnect in India’s development story where some of the fastest growing sectors in the country also happen to be the biggest water guzzlers.

“Four key growth sectors for India – food production, nuclear energy, pharmaceuticals and data centres – are growing in already water-stressed regions,” Kamath said. Food, nuclear, pharma, data centre. India's 4 biggest growth bets are all water guzzlers, built in states that are already running dry The resource is free of charge. The metering is only beginning.

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