Sruthijith KK

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Banking, Fintech & Insurance 16 Oct 2026, 03:19 AM IST

Prem Watsa Says India Is Set to Join Global Capital’s AI and Data Centre Boom

Canadian billionaire Prem Watsa said India is poised to move higher on global investors’ priority lists as capital floods into data centres and artificial intelligence in the United States. His remarks come as the Indian government approved the divestment of a majority stake in IDBI Bank to Fairfax Financial Holdings, underscoring his long-term conviction in India’s economic trajectory. Watsa framed the investment as part of a broader bet on the country’s financial and growth story, not merely a standalone banking transaction.

By RDU Global Wire5 min read

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Entities frequently referenced alongside Sruthijith KK:

Prem Watsa(1)New Delhi(1)Mohit Bhalla(1)IDBI Bank(1)Fairfax Financial Holdings(1)