Another quarter, another AI sermon from Indian IT. Yet, as Wipro, TCS, and HCLTech continue championing their GenAI ambitions, with Infosys set to announce the same next week, the gap between grand narratives and actual numbers is only widening.
The big question is now whether Indian IT can ever catch up to AI before it’s too late. It has been two years of stagnant—in some cases sharply declining—revenues.
Wipro, to its credit, has shown signs of movement. The company doubled its large deal bookings to $2.7 billion in Q1 FY26, a…
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