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Indian IT grew as it had answers to problems. Today we don't have that: Former HCL CEO Vineet Nayar

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Indian IT grew as it had answers to problems. Today we don't have that: Former HCL CEO Vineet Nayar
Indian IT grew as it had answers to problems. Today we don't have that: Former HCL CEO Vineet Nayar
Vineet Nayar, former CEO, HCL Tech; image credit: Company

Synopsis

Indian IT, the USD250 billion sector that employs 5.4 million people, is staring at one of the biggest disruptions, AI. How can it stay relevant in the new world order? Former HCL Technologies boss Vineet Nayar, who is now advising AI startups, decodes in a free-flowing interview with ET Prime.

The Indian IT services business loves disruptions. For, disruptions helped it grow in the past. Y2K, the 2008 global economic crisis, the Covid-19 pandemic have all accelerated digitisation. But now the USD250 billion sector, which employs 5.4 million people, is staring at one of the biggest disruptions where old models are not relevant, and companies and coders need to seriously reinvent themselves. Can they do it? To comprehend this, ET Prime
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The Economic Times