GenAI Creating Level-Playing Field In Indian IT, Says CLSA's Sumeet Jain

CLSA India's Sumeet Jain said generative artificial intelligence will create a level-playing field across Indian IT services sector. The larger-sized firm will have to cannibalise some of their legacy systems, he said. The speed at which GenAI adoption is picking up, companies will have to reorient their IT services products or risk falling behind.