AI Deflation: Why is India's ₹200 billion IT industry shrinking?

By Think School

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👉 Register for 2-Day LIVE Claude Mastery : https://link.outskill.com/MM-C109 👉100% Discount for all who register 👉Become the top 1% professional by learning AI today If you are a copyright owner and believe your work has been used improperly, please contact us at writers@thethinkschool.com for prompt removal or credit. VIDEO INTRODUCTION: Ladies and gentlemen, something SHOCKING just happened to India's IT industry. On the SAME DAY, on the SAME earnings call, INFOSYS told its investors that their AI business now makes up 8.2% of revenue growing at DOUBLE DIGITS quarter over quarter. And in the same breath, INFOSYS CUT its revenue forecast for the year. A company that grew at 19.7% in FY22 is now expected to grow at just 1.5 to 3 percent. But that's just the beginning. In July 2025, TCS announced 12,000 role cuts and removed 8,000 employees at a cost of ₹1,400 CRORE even though its revenue GREW 4.6% that year. HCL's profit went UP 20 percent but headcount went DOWN by 3,292. Tech

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