“The Indian IT sector faces a challenging near-term outlook, being pulled in opposite directions by AI. While AI data center integration could eventually require traditional IT services, the rapid adoption of large language models (LLMs) poses a significant threat by disrupting traditional service offerings and enabling code writing at negligible cost. This makes it a difficult period for Indian IT companies.”

Manishi Raychaudhuri’s track record: 4 graded calls · 95% CI 15–85%