Indian IT confronts an identity crisis as AI reshapes work

For more than three decades, India’s IT industry embodied one of the most celebrated stories of globalisation. These companies became the epitome of career growth, job stability and volumeled employment. That door is narrowing. In early June, IT stocks slid as AI fears swept the sector. Hiring hit a 28-month low. Demand for freshers fell by 44 %. Indian IT companies built enormous scale on compliance and cost efficiency but little agility and innovation excellence. While high paying News Source: Storyboard 18 opportunities remain available, the competition has intensified. The challenge for India’s technology champions is no longer to deliver services more efficiently. It is to build resilient innovation ecosystems where work is not dependent on only effective execution. The lesson is uncomfortable.For 30 years, India learned to execute the world’s work with unmatched efficiency. The next decade asks a harder question. Can a system built to follow instructions also learn how to innovate?

Can a system built to follow instructions also learn how to innovate?