'AI was a monster': Kumar Mangalam Birla reveals strategy behind investing in artificial intelligence
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- ✓Kumar Mangalam Birla spoke at the 2026 Bloomberg New Economy Forum in New Delhi on 13 October.
- ✓He said, "A year ago, we probably thought that AI was a monster sitting there on the last row." The group now plans to invest in AI gradually to improve its various business operations.
Story at a Glance
- Category
- BUSINESS
- Reported By
- mint
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Billionaire Kumar Mangalam Birla says global crises are making investment decisions harder for his group. Businesses must keep growing while dealing with uncertainty and new opportunities, he said. Birla spoke at the 2026 Bloomberg New Economy Forum in New Delhi on 13 October.
However, according to the Aditya Birla Group chairman, companies cannot remain still. They must invest in existing operations and new businesses to sustain growth.
"You can't stop growing. You either grow, or you go down; you can't stay in a state of equilibrium. We've been constantly investing as well in our existing and in new businesses because you can't stop growing," he said.
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