Sunday, 3 May, 2026
AI Deflation Threatens to Wipe $10 Billion from Indian IT Sector Revenues
By Isha
A new era of "AI deflation" could potentially slash $10 billion from the Indian IT services industry as automation drives down project costs. Experts warn that as generative AI significantly reduces the man-hours required for coding and maintenance, traditional billing models face immense pressure. To survive this shift, Indian tech giants must pivot from volume-based hiring to value-based pricing, prioritizing high-end AI consulting over routine.
Read full story at Money Control