The CEO of India’s largest IT firm, TCS, K Krithivasan, delivered a resounding call to action on Wednesday: embrace AI without hesitation. At the Nasscom event in Mumbai, he addressed mounting concerns in the tech world, where AI’s rise has sparked fears of widespread disruption.
Despite a brutal market reaction—with IT stocks tumbling amid AI hype—Krithivasan remains unfazed. The Nifty IT index shed over 20% in the last month alone. TCS dipped 16%, while peers like Infosys (23%+), Wipro (14%+), Coforge (27%), and Tech Mahindra (22%) saw even steeper falls, fueled by worries over tools from players like Anthropic.
“Tell your clients if AI makes work quicker, superior, or more affordable—even if it dings our immediate earnings,” he instructed. This proactive mindset, he argued, stems from confidence that AI expands opportunities, not contracts them. “Fear not job loss; more usage means more gains.”
Interestingly, AI companies are bridging gaps with IT majors. Fresh partnerships include Anthropic with Infosys and OpenAI with TCS, hinting at symbiotic growth.
Krithivasan’s leadership could redefine how Indian IT firms tackle AI. By fostering a culture of experimentation, TCS aims to turn potential threats into competitive edges, reassuring investors and employees alike as the sector pivots toward an AI-driven future.