While many investors view India's relatively slower AI adoption as a weakness, Lighthouse Canton sees it differently. The Singapore-based asset management firm, which manages over $5 billion globally and plans to invest $1.5 billion in India over the next few years, argues that India's "absence of AI exposure" could actually become its biggest advantage in the coming years. Abhay Laijawala, chief investment officer for India at Lighthouse Canton, calls this the "advantage of absence," suggesting that India's lack of direct AI chip fabrication exposure protects it from the risks that come with playing too heavily in one concentrated sector.