Wednesday, 25 February, 2026
AI Coding Cost Collapse Triggers Contract Cancellations for TCS
Investment firm Citrini has flagged a rising trend of contract cancellations for Indian IT giants like TCS, Infosys, and Wipro as AI drastically slashes coding costs. With generative AI automating complex programming tasks, global clients are rethinking traditional outsourcing models in favor of cheaper, faster AI-driven solutions. This shift threatens the high-margin legacy business of India’s tech majors.
Read full story at Money Control