Forget chips: Why VA Tech Wabag & ION Exchange are the ‘silent’ AI winners
- Posted on December 12, 2025
- By Financial Express
- 1 Views
Forget chips: Why VA Tech Wabag & ION Exchange are the ‘silent’ AI winners

India's semiconductor ambition rests on a scarce resource: clean, reliable water. As fabs, solar plants, and data centers expand, the real race is shifting to those enabling ultra-pure water—a space where two emerging stocks are beginning to shape the opportunity.