
The Indian IT sector, a pillar of the national economy, is currently facing an unprecedented crisis, marked by a massive devaluation of $68.6 billion. This decline is primarily attributed to growing concerns about the impact of artificial intelligence (AI) on traditional IT services. Industry giants like Infosys and TCS are under increased pressure due to the announcement of new AI systems by international competitors such as Nvidia. This situation highlights the necessity for Indian companies to reassess their strategies and quickly adapt to new market dynamics.
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