India’s technology industry will expand to $315 billion in the fiscal year ending March, according to Nasscom, as broader inclusion of global capability centres and AI firms lifts revenue estimates even as workforce growth stabilizes.
At Davos, the Microsoft CEO said AI’s long-term value depends on diffusion across industries and economies, not concentration among tech giants.
India is one of the five largest markets for Anthropic’s AI assistant Claude, but the company’s latest Economic Index shows that how countries use AI still closely follows income and education levels.
Companies are leaning on AI as a convenient explanation for layoffs, even as weaker demand, past overhiring and cyclical slowdowns account for most job losses, shows Oxford Economics research
India may avoid the worst of AI-driven white-collar displacement, but only if it builds skills fast enough, IT secretary S. Krishnan says
