Anand Rathi: Indian IT firms set to gain from enterprise AI adoption

Indian IT companies are well-positioned to benefit from enterprise AI adoption through an asset-light model, avoiding heavy infrastructure capex, according to Anand Rathi. Rising capital intensity in AI infrastructure creates demand for systems integrators.

• Anthropic posted $16.3 billion in revenue in H1 2026, a 14-fold year-on-year increase
• Anthropic's adjusted operating profit reached $1.6 billion
• Anthropic's sales and partnership expenses rose 27-fold to $3.2 billion
• About 11,900 Anthropic customers generate over $100,000 in annual revenue