What AI Is Actually Doing to India’s Six Million IT Jobs

AI is significantly impacting India's IT sector, which historically thrived on cost-effective, English-speaking labor. Analysts note AI as the cheapest labor, directly undercutting this model. Industry revenue increased by 6.1%, but headcount only rose by 2.3%, indicating a widening divergence. TCS, for example, cut nearly twenty thousand jobs. While over a million new AI-related roles are emerging, only 16% of the current workforce possesses the necessary skills, highlighting a substantial skills gap.

This report uniquely highlights the widening divergence between revenue growth and headcount in India's IT sector, unlike other analyses that focus solely on job displacement figures.