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Economic Times Tech
Economic Times Tech
7/17/2026
Anand Mahindra: AI will strengthen India's IT services industry, not replace it

Anand Mahindra: AI will strengthen India's IT services industry, not replace it

Original: AI won't diminish IT services, will instead make it more vital: Anand Mahindra at Tech Mahindra AGM

Short summary

Tech Mahindra Chairman Anand Mahindra told shareholders at the company's AGM that AI will not diminish India's IT services industry but instead make it more vital by driving enterprise AI adoption. He urged India to build sovereign AI capabilities and positioned trusted AI deployment as a major opportunity for IT firms. Mahindra also highlighted Tech Mahindra's own AI initiatives and strong business momentum.

  • Anand Mahindra says AI will make India's IT services more vital, not less
  • Urged India to build sovereign AI capabilities for strategic autonomy
  • Positioned trusted AI deployment as a key growth opportunity for IT firms

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